# Canada Makes Rare Import of European Barley After Drought | Financial Post

> Canada is importing a rare cargo of European barley from Rouen after drought cut its 2021 barley output by a third to the smallest since the 1960s. USDA data show global barley stockpiles heading to an almost four-decade low.

- Date: 2022-01-18 · published 2022-01-18T12:00:00.000Z
- Category: weather · region Canada · magnitude medium
- Page: https://feedsoft.ai/events/43197-canada-makes-rare-import-of-european-barley-after-drought-financial-post
- Commodities: [Barley](https://feedsoft.ai/c/BARLEY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Canadian import demand for EU barley and tight global stocks support barley prices and shift trade flows, with Canada also needing more feed grain.

## Read by commodity

- CORN: bullish ▲
- BARLEY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2021-07-28 | [Wheat climbs on signs of drought damage in northern U.S. Plains \| Financial Post](https://feedsoft.ai/events/46100-wheat-climbs-on-signs-of-drought-damage-in-northern-u-s-plains-financial-post.md) | +0.3% | -1.0% |
| CORN | 2023-07-31 | [Barley Market Report: Drought Shrinks Crops and Impacts Economics - The Barley Bin](https://feedsoft.ai/events/12890-barley-market-report-drought-shrinks-crops-and-impacts-economics-the-barley-bin.md) | -11.7% | -13.2% |
| CORN | 2022-12-30 | [Soybeans set to gain for 4th year amid Argentina drought, China demand \| Financial Post](https://feedsoft.ai/events/38279-soybeans-set-to-gain-for-4th-year-amid-argentina-drought-china-demand-financial.md) | -2.1% | -0.5% |
| CORN | 2021-06-08 | [Potential for Drought Can Impact Prices and Marketing Plans \| NDSU Agriculture](https://feedsoft.ai/events/46421-potential-for-drought-can-impact-prices-and-marketing-plans-ndsu-agriculture.md) | -2.0% | +2.4% |
| CORN | 2020-03-17 | [Bangkok Post - Assessing drought impact](https://feedsoft.ai/events/7425-bangkok-post-assessing-drought-impact.md) | -3.1% | -4.0% |

## Sources

- financialpost.com: https://financialpost.com/pmn/business-pmn/canada-makes-rare-import-of-european-barley-after-drought

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.