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Southern Alberta cattle feeders are struggling with feed shortages as U.S. corn and DDGS shipments arrive late. Canadian corn imports from the U.S. in October and November were more than four times the prior year, and over 2.2 million tons were still unshipped at the end of December.
Rail delays and absenteeism are tightening Western Canadian feed supply, which supports corn and DDGS demand and prices for buyers in the region.
realagriculture.comKelvin HeppnerJan 21, 2022After 285 past bullish logistics events, Corn moved a median +0.1% over 5 sessions (52% higher; middle half -1.5% to +1.5%), and +0.8% over 20.
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.
