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Alberta feed barley is trading at C$310-315 per tonne and US corn imports at C$310-320, with the two prices near parity. A stronger Canadian dollar near 76 US cents has made US corn cheaper to import.
A firmer Canadian dollar lowers the cost of US corn, pressuring corn and barley prices in Western Canada and keeping feedlots buying imported grain.
farmtario.comAdam PeleshatyJan 1, 2024After 301 past bearish macro events, CORN moved a median -0.1% over 5 sessions (47% higher; middle half -2.2% to +1.3%), and +0.2% over 20.
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.
