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A global glut of malting barley is limiting export opportunities for the Canadian crop and driving prices lower, according to analysts. Australia's large crop is also weighing on the market.
Oversupply in malting barley lowers Canadian export values and spills over into feed barley pricing. Buyers can expect continued soft barley prices.
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.