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Canadian feed barley bids continued to fall almost daily in early July as farmers sold old crop ahead of harvest. Total Canadian barley area fell 13% to 6.4 million acres according to Statistics Canada.
Harvest pressure and lower planted area are weighing on prices now, but any crop stress could support values later in the season.
grainews.caPhil Franz-WarkentinJul 4, 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.
