Agriculture Canada's April balance sheet revisions raised 2025-26 durum exports to 5.5 million tonnes, cutting durum ending stocks to 1.35 million tonnes. Barley 2025-26 exports rose to 3.7 million tonnes, lowering ending stocks, and the barley price forecast was raised to $280/tonne.
Oat exports were cut, lifting oat ending stocks to 950,000 tonnes.
Tighter Canadian durum and barley supplies, plus higher price forecasts, support feed barley and grain prices, while looser oat supply limits gains in oats.
Not enough comparable past events yet for a historical read.
After 72 past bearish report events, OATS moved a median +0.2% over 5 sessions (50% higher; middle half -3.7% to +3.8%), and -2.5% over 20.
After 406 past neutral report events, WHEAT moved a median -0.2% over 5 sessions (47% higher; middle half -1.6% to +1.5%), and +0.0% over 20.
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.