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Feed barley in Lethbridge, Alberta traded near C$170 per tonne, up about C$10 in recent weeks, while feed wheat was priced by vomitoxin quality. Adverse weather has left about 20 percent of Saskatchewan and Alberta crops unharvested.
The analyst expects prices to peak in late October or early November and then trade sideways.
Harvest delays tighten local feed grain supplies in the near term, but the seasonal pattern suggests prices may ease later in the winter. Buyers should expect the current firmness to be limited.
manitobacooperator.caGFM Network News, Phil Franz-WarkentinOct 25, 2016Not 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.
