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The U.S. Grains Council's weekly country report notes that Algeria bought 150,000 tonnes of feed barley and Argentina expects barley exports to China to reach 1.5 MMT in 2021. It also reports Brazilian wet weather delaying soybean harvest and corn planting.
Delayed Brazilian corn planting and steady export demand for barley add to tightness in feed grain supplies that buyers must price around.
grains.orgFeb 25, 2021grains.orgFeb 25, 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.
