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StoneX raised its feed barley bid to $5.15/bu FOB for June-July delivery and lifted milling oat bids on both old and new crop. The firm said Prairie moisture has been ample and buyers are comfortable with current bids, so no major weather rally is expected.
Modest bid increases with calm weather expectations point to steady, limited upside for Canadian feed barley prices in the near term.
stonex.comStoneX Grains Team- CanadaMay 29, 2024Not 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.
