# Most commodity prices are down compared to this time last year | 620 CKRM - The Voice of Saskatchewan | Harvard Media

> Most grains, oilseeds and specialty crops in Western Canada are trading below year-earlier levels, with canola ending 2023 near 600 dollars per tonne from about 800 at the start. Spring wheat, feed barley and flax are also down year over year, while oats and yellow peas have risen.

- Date: 2024-01-03 · published 2024-01-03T12:00:00.000Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/11440-most-commodity-prices-are-down-compared-to-this-time-last-year-620-ckrm-the
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Barley](https://feedsoft.ai/c/BARLEY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Oats](https://feedsoft.ai/c/OATS.md)

## Why it matters

Lower canola and feed barley prices reduce feed input costs for buyers, while the drop in domestic barley supply reflects competition from Chinese and American flows. Year-over-year comparisons show a generally softer price backdrop.

## Read by commodity

- CORN: bearish ▼
- OATS: bullish ▲
- BARLEY: bearish ▼
- CANMEAL: bearish ▼

## Sources

- 620ckrm.com: https://www.620ckrm.com/2024/01/03/most-commodity-prices-are-down-compared-to-this-time-last-year/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.