Loading…
Southern Australian growers are expected to plant more barley and less canola and lentils in the 2018 winter crop, citing attractive barley pricing. Lentil prices are under pressure from Indian tariffs, and canola prices are low amid dry conditions.
A shift toward barley plantings signals more future barley supply, which may cap barley price gains while canola stays weak.
graincentral.comNeil LyonMar 23, 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.
