
Canadian analyst Jerry Klassen says feed barley and wheat prices have trended higher, with feedlots paying $270 to $275 per tonne for late-December delivery. Strong Canadian export demand has pulled barley supplies toward offshore buyers, and Statistics Canada's updated production estimate is due December 4.
Barley exports for 2025/26 reached 1.16 million tonnes versus 800,000 a year earlier.
Export pull is tightening domestic feed barley availability ahead of the seasonal January peak in feedlot demand, supporting Canadian feed grain prices. A larger-than-expected StatCan crop could cap gains.
Not enough comparable past events yet for a historical read.
After 431 past bullish trade events, Wheat (SRW) moved a median +0.0% over 5 sessions (50% higher; middle half -1.3% to +2.1%), and +0.5% over 20.
After 729 past bullish trade events, Corn moved a median +0.4% over 5 sessions (56% higher; middle half -1.1% to +1.8%), and +0.5% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
Strong Canadian export demand pulled barley supplies offshore and lifted feed barley prices, which supports higher barley prices going into December.