# Feed weekly: Prairie barley market steady with good new crop projections - Grainews

> Western Canadian feed barley bids have held steady for a month as buyers await new crop under favourable growing conditions. USDA estimates Canadian 2024/25 barley output at 9.6 million tonnes, up from 8.9 million, with domestic feed use rising to 7.4 million tonnes. New-crop prices are starting to trade below old-crop levels.

- Date: 2024-06-13 · published 2024-06-13T12:00:00.000Z
- Category: report · region Canada · magnitude low
- Page: https://feedsoft.ai/events/29850-feed-weekly-prairie-barley-market-steady-with-good-new-crop-projections-grainews
- Commodities: [Barley](https://feedsoft.ai/c/BARLEY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

A larger Canadian crop and higher domestic feeding reduce import needs for corn and export availability, which points to softer barley and corn values over the coming year.

## Read by commodity

- CORN: bearish ▼
- BARLEY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2019-08-29 | [Feed weekly outlook: New-crop expectations weigh on bids - Grainews](https://feedsoft.ai/events/57659-feed-weekly-outlook-new-crop-expectations-weigh-on-bids-grainews.md) | -3.0% | +1.1% |
| CORN | 2018-10-29 | [Markets: Feed markets hold steady - Farmers Weekly](https://feedsoft.ai/events/62615-markets-feed-markets-hold-steady-farmers-weekly.md) | +0.1% | -6.3% |
| CORN | 2020-01-10 | [Grain markets fall on WASDE, Crop Production Reports](https://feedsoft.ai/events/55018-grain-markets-fall-on-wasde-crop-production-reports.md) | -1.0% | -0.7% |
| CORN | 2022-08-31 | [CBOT weekly outlook: Harvest, crop conditions pressuring prices - Grainews](https://feedsoft.ai/events/40077-cbot-weekly-outlook-harvest-crop-conditions-pressuring-prices-grainews.md) | -2.0% | -3.7% |
| CORN | 2023-03-30 | [Feed grain outlook lifts feeder cattle market - Grainews](https://feedsoft.ai/events/5599-feed-grain-outlook-lifts-feeder-cattle-market-grainews.md) | -0.5% | -3.0% |

## Sources

- grainews.ca: https://www.grainews.ca/daily/feed-weekly-prairie-barley-market-steady-with-good-new-crop-projections/

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