# Feed weekly outlook: Wheat stocks should limit barley's further upside - Grainews

> Feed barley bids in Western Canada remain strong, with Lethbridge trading around $305-$310 per tonne. Spring delivery prices have eased from recent highs of $325-$350. Ample wheat supplies are expected to cap further barley gains into the new season.

- Date: 2021-03-19 · published 2021-03-19T12:00:00.000Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/12401-feed-weekly-outlook-wheat-stocks-should-limit-barley-s-further-upside-grainews
- Commodities: [Barley](https://feedsoft.ai/c/BARLEY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Abundant feed wheat supplies that compete with barley should limit upside in Canadian feed barley prices, and higher barley acreage expectations add bearish pressure for new crop.

## Read by commodity

- WHEAT: neutral
- BARLEY: bearish ▼

## Sources

- grainews.ca: https://www.grainews.ca/daily/feed-weekly-outlook-wheat-stocks-should-limit-barleys-further-upside/

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