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Canada's barley crop is estimated at 10.4 million tonnes and is of very good quality. Feed barley prices rose C$50/t since early September to C$270/t at Lethbridge, with FOB Vancouver feed barley at USD245/t, and exports are expected at 3.0-3.5 million tonnes.
Strong Chinese-driven export demand and a sizeable crop are lifting Canadian feed barley prices and drawing supply away from domestic feeders, supporting barley values.
e-malt.comNov 19, 2020Not enough comparable past events yet for a historical read.
After 770 past neutral report events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.7% 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.
