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A record U.S. corn crop, projected at 425.26 million tonnes of grain overall and a record 73 million tonnes of corn exports, is pulling down Canadian feed barley prices, which are about 20 per cent below summer highs. USDA's latest estimate temporarily pushed December corn futures below US$4 per bushel.
Some U.S. corn is expected to flow north to Canada.
Cheap U.S. corn caps the value of feed barley in Western Canada, and weaker domestic feeder demand adds further pressure. Buyers should expect feed grain prices to stay soft while U.S. corn supplies are plentiful.
历史可比事件尚不足,暂无法给出历史解读。
在过去 1,102 次看跌的报告事件之后,玉米 在 5 个交易日内中位数变动 -0.2%(47% 上涨;中间一半区间为 -1.8% 至 +1.3%),20 个交易日内为 +0.0%。
各商品基准价相对事件前最后收盘价的变动。历史数据汇总同类过往事件;仅描述已发生的情况,不代表未来走势。不构成投资建议。