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Delayed spring seeding in Western Canada pushes new-crop feed barley harvest to mid-to-late August, extending old-crop supply. Old-crop barley bids in Lethbridge are around $240/t versus wheat near $253/t.
Extra weeks of old-crop supply keep the barley market steady, while the narrower barley discount to wheat limits further price gains.
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.