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Canadian Malting Barley Technical Centre said barley plantings in 2023 are unlikely to shift much from prior decisions. AAFC projects about 7.4 million acres, up 5.2% from 2022, and malt barley bids in Western Canada remain steady to firm.
A projected acreage increase adds supply, but firm Western Canadian bids suggest feed and malt barley remain well supported in the near term.
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.