Loading…
Statistics Canada put 2024 barley seeding at 6.4 million acres, down from 7.3 million in 2023, and production at 7.5 million tonnes versus 8.9 million a year earlier. Drought in Alberta and western Saskatchewan cut yields, and prices in Western Canada appear to be bottoming.
A sharply smaller Canadian barley crop tightens feed grain supply and supports prices, pushing up import demand and feed costs in western Canada.
canadiancattlemen.caJerry KlassenOct 22, 2024Not enough comparable past events yet for a historical read.
After 1,465 past bullish weather events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.4% to +1.9%), and +0.9% 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.
