# Klassen: Feed barley rally pressures feeder cattle market - AgCanada

> Western Canadian yearling steers traded $4 to $8 lower and heifers $2 to $4 lower week on week, while calves fell $5 to $10. Feed barley in the Lethbridge area rose $25 to $30/tonne to $390 to $415 as crop ratings deteriorated amid drought. Feedlots cut bids to protect margins.

- Date: 2021-07-27 · published 2021-07-27T12:00:00.000Z
- Category: weather · region Canada · magnitude medium
- Page: https://feedsoft.ai/events/12494-klassen-feed-barley-rally-pressures-feeder-cattle-market-agcanada
- Commodities: [Barley](https://feedsoft.ai/c/BARLEY.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Higher barley costs squeeze feedlot margins and reduce bids for feeder cattle, so feeder prices come under pressure while feed grain prices rise.

## Read by commodity

- BARLEY: bullish ▲
- FCATTLE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| FCATTLE | 2018-05-14 | [Higher feed grain prices pressure cattle feeder market - Canadian Cattlemen](https://feedsoft.ai/events/65129-higher-feed-grain-prices-pressure-cattle-feeder-market-canadian-cattlemen.md) | -4.5% | +5.4% |
| FCATTLE | 2021-11-16 | [Klassen: Feeder market continues downward slide - AgCanada](https://feedsoft.ai/events/9551-klassen-feeder-market-continues-downward-slide-agcanada.md) | +3.7% | +5.5% |
| FCATTLE | 2019-06-04 | [Klassen: Feeder market absorbs double-edged sword - Country Guide](https://feedsoft.ai/events/11383-klassen-feeder-market-absorbs-double-edged-sword-country-guide.md) | +4.7% | +2.6% |
| FCATTLE | 2022-09-30 | [National feeder and stocker cattle report \| Capital Press](https://feedsoft.ai/events/39716-national-feeder-and-stocker-cattle-report-capital-press.md) | -0.1% | 0.0% |
| FCATTLE | 2020-01-31 | [National feeder and stocker cattle report \| Capital Press](https://feedsoft.ai/events/6703-national-feeder-and-stocker-cattle-report-capital-press.md) | -4.6% | -7.8% |

## Sources

- agcanada.com: https://www.agcanada.com/daily/klassen-feed-barley-rally-pressures-feeder-cattle-market

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