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Cool and wet harvest conditions across the Canadian Prairies are raising doubts about how much barley will meet malting specifications. The Canadian Malting Barley Technical Centre expects significant losses, and reports show high chit levels in samples.
Statistics Canada pegged the 2019 barley crop at 9.6 million tonnes, well above last year.
Lower malt quality pushes more barley into the feed channel, adding feed supply and pressuring feed barley prices. A larger overall crop also weighs on feed values.
grainews.caGFM Network NewsSep 11, 2019Not 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.
