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MarketsFarm reports that Canadian malt barley prices have moved little since the Russian invasion of Ukraine, unlike wheat. Old-crop barley held at $8.50-9 per bushel and new-crop fetched $7.50-8, with buyers showing less demand and farmers selling less volume.
Weak domestic demand is keeping Canadian barley prices stable despite the wheat rally, so barley does not yet reflect the war-driven feedgrain tightness.
agcanada.comAGCanadaMar 7, 2022Not 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.
