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Feed grain bids in Western Canada kept rising as heat and dryness covered the region. The high-delivered feed wheat bid in Saskatchewan reached $8.50/bu, and feed barley bids in Saskatchewan and Manitoba reached $7/bu, both up $1 since June.
Brokers expect a poor harvest.
Poor crop expectations in the Prairies tighten local feed grain supply, keeping upward pressure on feed wheat and barley prices into the new crop.
grainews.caGFM Network News23 jul 2021Todavía no hay suficientes eventos comparables pasados para una lectura histórica.
Tras 1072 eventos alcista de clima pasados, Trigo (SRW) se movió una mediana de +0,2 % en 5 sesiones (55% al alza; mitad central entre -1,4 % y +2,3 %), y +0,3 % en 20.
Variaciones de la referencia de cada materia prima desde el último cierre antes del evento. Las lecturas históricas agrupan eventos pasados del mismo tipo; describen lo ocurrido, no lo que ocurrirá. No es asesoramiento de inversión.
Western Canadian drought and heat pushed feed barley bids up about $1/bu since June with a poor harvest expected, a supply shock that fits a sharp barley rally.
