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Leftfield Commodity Research says western Canadian barley crop conditions are mostly favorable, with Saskatchewan and Alberta ratings above average. USDA cut EU barley production by 0.7 Mt to 53.8 Mt and reduced Russian estimates on a poor early season.
Reduced EU and Black Sea barley output tightens export supply, while a good Canadian crop limits upside for North American feed barley prices.
barleybin.caSerra McSymytzJul 2, 2024Not 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.
