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Canadian barley exports are rising sharply, with 240,000 tonnes shipped in May, of which about 175,000 tonnes went to China. China's tariffs on Australian barley have pushed buyers toward Canada, which has already exported nearly as much barley in 2020 as in all of last year.
Chinese demand shifting to Canadian barley supports barley prices and export flows while Australian supply to China is displaced by the tariff dispute.
cbc.caPete EvansJul 9, 2020Not 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.
