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Prairie feed barley prices are holding firm in Western Canada despite fresh harvest supplies, as buyers who waited for lower prices had to pay up to cover shortfalls. A weaker Canadian dollar and stronger Chicago corn make U.S. corn imports less attractive, and trucking availability and rates are rising.
With few cheaper feed substitutes and limited trucking, Canadian feed barley is likely to stay supported, raising delivered costs for feedlots and feed mills.
agcanada.comAGCanadaSep 29, 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.
