
Feed grain bids in Western Canada kept rising as heat and dryness covered the region. The high-delivered feed wheat bid in Saskatchewan reached $8.50/bu, and feed barley bids in Saskatchewan and Manitoba reached $7/bu, both up $1 since June.
Brokers expect a poor harvest.
Poor crop expectations in the Prairies tighten local feed grain supply, keeping upward pressure on feed wheat and barley prices into the new crop.
Belum cukup peristiwa historis yang sebanding untuk analisis historis.
Setelah 1.072 peristiwa cuaca bullish sebelumnya, Gandum (SRW) bergerak median +0,2% selama 5 sesi (55% lebih tinggi; separuh tengah -1,4% sampai +2,3%), dan +0,3% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.
Western Canadian drought and heat pushed feed barley bids up about $1/bu since June with a poor harvest expected, a supply shock that fits a sharp barley rally.