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Canadian barley exports slowed to 131,100 tonnes in January, though China took 100,500 tonnes. Western Canadian feed barley bids edged lower, and feedlots remain relatively well covered with steady US corn imports.
Slower export movement and ample feedlot coverage weigh on Canadian feed barley, while continued US corn imports keep competition for barley in local feed markets.
farmtario.comPhil Franz-WarkentinMar 3, 2023Not enough comparable past events yet for a historical read.
After 480 past neutral trade events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.7% 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.
