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Statistics Canada's end-2018 stocks report showed most major crop stocks down from 2017, except canola, which rose. Barley stocks were about one million tonnes lower year over year, oats were tighter, and hard red spring wheat stocks were down about 600,000 tonnes.
Tight Canadian barley, oat and wheat stocks support feed grain prices in Western Canada, while higher canola stocks reflect sluggish export demand.
strathmorenow.comFeb 5, 2019
swiftcurrentonline.comFeb 7, 2019Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
After 52 past bullish report events, Oats moved a median -2.0% over 5 sessions (33% higher; middle half -3.4% to +2.4%), and +0.7% over 20.
After 180 past bullish report events, Wheat (HRW) moved a median +0.4% over 5 sessions (53% higher; middle half -2.1% to +3.7%), and -0.6% over 20.
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.
