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Industry / Argentina

Barley To Average CAD165.00/tonne In 2010

September 2010 | Commodities Forecast

Front month (September) barley looks set to moderate as supply from global producers (such as Australia and Canada) comes online and overbought momentum is unwound. Greater production should follow the significant price increase that has followed production declines in large producers EU-27, Russia, and Ukraine. However, prices will be sensitive to moves by wheat in the short term.

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