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Lingering winter weather on the Canadian Prairies is keeping cattle on grain for longer, while farmers are holding back supplies for better prices. Barley bids in Lethbridge are at $245-$248 per tonne and are rising steadily.
Delayed spring seeding and strong feed demand are supporting barley bids, though heavy farmer holding and US and Manitoba corn imports limit further gains.
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.