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Prairie barley acreage has fallen by about half over the past 20 years to roughly six million acres, as growers switch to canola and pulses. Feed barley faces competition from cheap U.S. corn and corn gluten, and feeders have cut barley rations because of fusarium.
Shrinking barley area and weak feed demand relative to cheap corn point to a structurally smaller feed barley supply, but ongoing competition from corn limits price upside.
Not 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.