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Canadian barley exports reached 925,300 tonnes through week 27, up 85% year on year, mostly malting barley for China's beer market. Exporters expect full-year shipments of 2.8 to 2.9 million tonnes, above the government's 2.45 million forecast.
Analysts doubt the strong demand will lift malt prices much given the large good-quality crop.
Strong Chinese malt demand tightens Canadian barley carryout, but a large quality crop caps the price gain for malting barley.
producer.comSean PrattFeb 15, 2018Not 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.
