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Feed barley and US-origin corn are trading at the same price in southern Alberta, both up C$5-8/t, at C$285/t delivered Lethbridge for November-December. Feed wheat is at C$305-310/t, with feedlots well covered and a weaker Canadian dollar possibly boosting barley exports.
Parity between barley and corn lets feeders switch rations easily, and a weaker Canadian dollar could pull barley into exports and tighten local feed supply.
agcanada.comAGCanadaOct 31, 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.
