Barley Commodity Markets, Prices & Futures
Use the chart below to check futures prices for barley. Click the contract dates for more prices and trends. Cash price reflects the USDA Chicago terminal.
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Latest News From Markets
Brady Huck with Advance Trading says corn and soybeans have been holding support and holding up well amid harvest pressure and the China trade woes.
Corn grower advocates say it is their goal to get E15 legislation across the finish line by year’s end.
Vince Boddicker with Farmers Trading Company says corn saw some short covering and spillover buying from the rally in the wheat market. However, soybeans ended off lows with the rally in feed grains but still saw pressure on lingering China trade woes.
In its preliminary estimate, Conab forecast Brazil’s soybean acreage would increase 3.6% to 49.08 million hectares (121.2 million acres).
Mike Zuzolo with Global Commodity Analytics says soybean futures closed slightly higher on Monday as trade tensions with China seemed to ease over the weekend. However, he says the soybean market doesn’t totally trust that a deal is going to take place.
Falling crop prices, skyrocketing expenses, and trade disputes are creating conditions that are too much for farm families to bear.
Brad Kooima of Kooima Kooima Varilek says November feeder cattle futures were up over $20 last week and have led the rally on strong cash, tight supplies and the continued cases of New World Screwworm (NWS) in Mexico keeping the border shut.
Chinese crushers have been bolstering supplies of the oilseed with shipments mainly from Brazil.
Jerry Gulke, president of the Gulke Group, says the trade news was a game changer for the market. After calling an early low in corn and soybeans, he says Friday’s news and trade action has changed his opinion and he has turned bearish.
Jim McCormick with AgMarket.Net says the soybean market reacted negatively as it was pinning its hopes on a trade deal that included purchases at the end of October when the two leaders met at the APEC summit.