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Harvest-time barley selling has pushed feedgrain markets south as barley bids fall sharply at heavy discounts to wheat. Consumers are reducing purchases while covered to early December, and feedlots are booking January to March supply.
Falling barley bids and wide discounts to wheat reduce feed barley values, while the slowdown in consumer buying signals softer demand through the near term.
graincentral.comHenry WellsOct 17, 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.
