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Western Canadian feed grain prices have dropped over the past month but are stabilizing as spring seeding begins. Barley was around C$250-252 per tonne delivered Lethbridge, and Statistics Canada pegged 2019 barley intentions at 7.155 million acres, the largest since 2013.
Expectations of a large barley crop and hand-to-mouth buying weigh on Canadian feed prices, though stabilization limits further downside.
producer.comMarketsFarm, Phil Franz-WarkentinApr 25, 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.
