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Western Canadian feed barley is trading above malt barley for the first time in this cycle, with old-crop feed near $5/bu versus about $4.25/bu for malt. Canadian barley exports reached 2.02 million tonnes by 4 March, up from 1.55 million a year earlier, and Argentine drought is lifting corn prices.
Strong export pull and higher corn values support feed barley prices, and the feed-over-malt premium reflects tight feed-quality supply on the Prairies.
agcanada.comAGCanadaMar 16, 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.
