Loading…
Australian barley plantings are expected to rise slightly to about 4.4 million hectares, with production potentially reaching 10 million tonnes versus 8.5 million last year. Analysts note a weaker global coarse grain market due to slower ethanol demand and a potentially large US corn crop.
Higher Australian barley output and weak global coarse grain demand are bearish for feed barley prices and export competitiveness.
farmonline.com.auGregor HeardMay 5, 2020Not enough comparable past events yet for a historical read.
After 357 past bearish weather events, Corn moved a median -0.3% over 5 sessions (44% higher; middle half -2.2% to +1.3%), and -0.5% over 20.
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.
