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Saskatchewan data and futures show soymeal as the only market to fall in 2021, down 7.1%, while oats gained 153% in Saskatchewan cash prices. The Canadian dollar and soybeans finished the year roughly flat.
Oat prices at over $536/mt are well above normal levels, raising costs for prairie feed users, while soymeal's annual decline eases protein costs for feed mills.
dtnpf.comCliff JamiesonDec 31, 2021Not 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.
