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Canadian malt barley is being sold into feed channels as feed barley prices rise, with feed barley trading as high as $6.64/bu in Alberta. Strong Chinese demand, boosted by an 80% Chinese tariff on Australian barley, has lifted demand for Canadian malt varieties.
Diversion of malt-quality barley into feed and Chinese export demand tightens feed barley supply, pushing prices higher for livestock buyers.
country-guide.caAdam PeleshatyFeb 12, 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.
