Loading…
MarketsFarm reports old-crop feed barley and wheat stocks in Canada are dwindling and expected Alberta barley harvest is light. Alberta feed barley bids reached C$415.21/t, up sharply from last year, and traders expect prices to stay elevated until the fall corn harvest.
Tight old-crop supply and light new-crop barley yields keep Canadian feed grain prices firm, and buyers may face elevated costs until corn supplies arrive in November.
agcanada.comAGCanadaJul 30, 2021Not enough comparable past events yet for a historical read.
After 1,072 past bullish weather events, Wheat (SRW) moved a median +0.2% over 5 sessions (55% higher; middle half -1.4% to +2.3%), and +0.3% over 20.
After 1,465 past bullish weather events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.4% to +1.9%), and +0.9% over 20.
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.
