Economics of Malting Barley Production in NYS
John Hanchar, Farm Business Management Specialist
Northwest New York Dairy, Livestock & Field Crops
January 31, 2017
A total of approximately 90 growers, maltsters, brewers, researchers, extension educators and others learned the following at two malting barley industry meetings (Batavia and Albany, December 2016).
- Profit estimates vary -- negative to positive -- depending upon yield and price received by the farmer for barley
- Producers can apply estimates to make decisions regarding malting barley production's place in their cropping systems; understanding variability plays an important role
- Understanding yield, quality, price, costs, profit interactions associated with suggested changes in production practices are key moving forward
Producers looking to evaluate malting barley's possible fit in cropping systems achieve better results from their decision making efforts when they apply a better understanding of expected economic effects and expected variability in outcomes.
See the attached pdf for presentation slides.
Economics of Malting Barley Production in NY (pdf; 250KB)
- Costs, Profit and Sensitivity Analysis
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