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The Western Producer reports Canada is working to cushion barley export losses expected once Australia regains access to the Chinese market. A WTO decision on the China-Australia barley dispute is expected soon.
Renewed Australian barley access to China would add competing supply and pressure Canadian barley export prices, which can weigh on feed barley values.
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.