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A Saskatchewan analyst advised growers to hold off pricing 2022 barley, expecting prices near $6.50 per bushel before forward selling. Canadian barley exports are up year-on-year, but forecast exports fall to 2.3Mt from 4.6Mt, while US corn imports into Canada have risen.
Rising Canadian corn imports and tight barley supply support feed grain prices, while expected lower barley exports reduce export competition.
Not 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.