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A steady flow of fusarium-damaged wheat into Alberta feedlots is weighing on feed barley prices. Feed barley is bidding about C$165 per tonne versus about C$155 for feed wheat, with the premium narrowing to about C$10.
Abundant cheap damaged wheat substitutes for barley in rations, pressuring barley prices and narrowing its premium over feed wheat.
agcanada.comAGCanadaNov 24, 2016Not 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.
