# Old crop feed barley in a steady downtrend - Grainews

> Canadian feed barley bids continued to fall almost daily in early July as farmers sold old crop ahead of harvest. Total Canadian barley area fell 13% to 6.4 million acres according to Statistics Canada.

- Date: 2024-07-04 · published 2024-07-04T12:00:00.000Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/29334-old-crop-feed-barley-in-a-steady-downtrend-grainews
- Commodities: [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

Harvest pressure and lower planted area are weighing on prices now, but any crop stress could support values later in the season.

## Read by commodity

- BARLEY: bearish ▼

## Sources

- grainews.ca: https://www.grainews.ca/daily/old-crop-feed-barley-in-a-steady-downtrend/

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