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Most grains, oilseeds and specialty crops in Western Canada are trading below year-earlier levels, with canola ending 2023 near 600 dollars per tonne from about 800 at the start. Spring wheat, feed barley and flax are also down year over year, while oats and yellow peas have risen.
Lower canola and feed barley prices reduce feed input costs for buyers, while the drop in domestic barley supply reflects competition from Chinese and American flows. Year-over-year comparisons show a generally softer price backdrop.
620ckrm.comHarvard MediaJan 3, 2024Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
