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Feed barley bids in Lethbridge held at $270-$275/t through November, while deferred delivery into spring strengthened to $275-$290/t. Feed wheat trades at a $5-$10/t discount to barley and corn is near $285/t.
Feedlots are paying up for spring coverage amid solid export demand, which supports forward feed barley prices and could shift some ration usage toward wheat.
grainews.caPhil Franz-Warkentin, GFM Network NewsNov 26, 2020Not enough comparable past events yet for a historical read.
Not 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.
