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Canadian barley prices in southern Alberta have risen to about $6.50 a bushel from $4.80 a year earlier, the highest a local grain farmer has seen. Strong Chinese demand to rebuild its hog herd after African swine fever, along with the China-Australia trade dispute, is cited as the driver.
Export demand from China is absorbing Canadian feed grain supplies, keeping barley prices elevated and raising costs for Canadian livestock feeders.
globalnews.caQuinn CampbellFeb 24, 2021Not 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.
