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Dry conditions are holding back Western Australian winter crop seeding. The Grain Industry Association of WA projects 8.264 million hectares planted, with barley area rising to 1.53 Mha while canola falls 15% to 1.2 Mha.
A shift from canola to barley in WA reduces canola supply and adds barley, mixing effects on feed grain and meal markets.
graincentral.comNeil LyonMay 11, 2018Not 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.
