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Feed barley bids in Western Canada remain strong, with Lethbridge trading around $305-$310 per tonne. Spring delivery prices have eased from recent highs of $325-$350.
Ample wheat supplies are expected to cap further barley gains into the new season.
Abundant feed wheat supplies that compete with barley should limit upside in Canadian feed barley prices, and higher barley acreage expectations add bearish pressure for new crop.
grainews.caPhil Franz-Warkentin, GFM Network NewsMar 19, 2021Not 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.
