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Trade estimates for Canadian barley and canola production are below Statistics Canada's September figures, which were about 10 million tonnes for barley and 19.3 million tonnes for canola. Analysts cite sprouted, light-weight barley from October harvest yields and difficult canola harvest conditions ahead of the federal report due Friday.
Smaller Canadian barley and canola crops than official estimates would tighten supplies and support feed barley and canola meal prices if StatsCan confirms the lower figures.
agcanada.comAGCanadaDec 4, 2019Not 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.
