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Feed grain prices in Western Canada are flat, with large U.S. corn imports into Alberta's Feedlot Alley capping prices for other feed grains. Those imports are expected to decline as domestic feed grain supplies rise, and feed oat prices are improving.
Falling U.S. corn imports would reduce the price cap on Canadian feed grains, supporting local feed prices as the spring feed supply tightens.
grainews.caGFM Network NewsNov 29, 2018After 729 past bullish trade events, Corn moved a median +0.4% over 5 sessions (56% higher; middle half -1.1% to +1.8%), and +0.5% over 20.
After 40 past bullish trade events, Oats moved a median -0.6% over 5 sessions (40% higher; middle half -2.8% to +1.7%), and -3.2% 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.
