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Global prices have risen enough that Canadian barley is competitive again on the world market for crop 2022. Farmer contracting prices for crop 2022 continue to climb as buyers seek malting barley, though they remain below crop 2021 levels.
Improved export competitiveness for Canadian barley supports firmer barley values and may pull demand away from other feed grains.
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.