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Agriculture Canada lowered its 2025-26 barley ending stocks forecast by 250,000 tonnes to 1.05 million tonnes, which would be the tightest since 2022-23. Exports are estimated at 3.9 million tonnes, almost 1 million above last year, with China taking over 60% of feed barley shipments.
New-crop ending stocks were unchanged at about 700,000 tonnes.
Strong export pull is drawing down old-crop Canadian barley supply, which supports feed barley prices and firms competition for export-grade grain.
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.