Loading…
Feed barley in Western Canada is landing in Lethbridge at C$270-280/t, up about C$10 over recent weeks on seasonal spring road restrictions. Canadian barley carryout is forecast at 1.00 million tonnes, the largest since 2018.
Large Canadian carry-in stocks cap upside for feed barley, while seasonal logistics give short-term support.
marketsfarm.comPhil Franz-WarkentinMar 21, 2024Not enough comparable past events yet for a historical read.
After 284 past neutral logistics events, Corn moved a median -0.0% over 5 sessions (49% higher; middle half -1.3% to +1.4%), and -0.2% 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.
