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Western Canadian feed barley prices rallied $90-100/t from August lows, nearly back to last year's highs, but the rally has stalled and prices have gone sideways. Buyers covered early and cheaper imported US corn is reducing barley purchases.
Cheaper imported corn caps barley demand in western Canada, and prices are following the normal seasonal pattern of flattening or drifting lower through winter.
barleybin.cabbsbsolesagDec 12, 2022Not 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.
