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Western Canadian feed grain buyers are overbooked and cautious because of uncertainty over possible US tariffs on Canadian beef, which were on hold until 3 March. A Lethbridge broker reports he could not sell barley for March delivery, and feed barley bids are C$10-15/t below offers.
Imported US corn is about C$25/t cheaper than barley, and wheat is seen as too expensive for feed use.
Tariff uncertainty is holding back cattle feeding demand and slowing prairie feed grain movement, which keeps local barley and corn prices under pressure until trade policy is clearer.
grainews.caGlen HallickFeb 20, 2025Not enough comparable past events yet for a historical read.
After 683 past bearish trade events, Corn moved a median -0.2% over 5 sessions (47% higher; middle half -1.7% to +1.6%), and +0.3% 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.
