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Russia exported three million tonnes of barley so far this year at prices about 20% above last year's average. Feed barley bids in Manitoba held steady, while Lethbridge feed barley and feed wheat rose slightly, and dry conditions in the US Plains raised concern about next year's crop.
Strong Russian barley export demand and firmer feed grain prices tighten global feed grain supplies, supporting barley and wheat values for feed buyers.
producer.comNov 27, 2017Not enough comparable past events yet for a historical read.
After 431 past bullish trade events, Wheat (SRW) moved a median +0.0% over 5 sessions (50% higher; middle half -1.3% to +2.1%), and +0.5% over 20.
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.
