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Western Canadian feed barley bids have held steady over the past month, trading at $4-$4.95 per bushel in Alberta. Analysts expect spring road bans and seeding to add some support, but large carryout and expected higher barley acreage will limit gains.
Large carryout and expanded planted area point to limited upside for Canadian feed barley, while declining beer demand could push malt barley into feed channels.
grainews.caPhil Franz-Warkentin, GFM Network NewsMar 26, 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.
