# Cash Brokerage Mid-Week Market Update 5-29-24

> StoneX raised its feed barley bid to $5.15/bu FOB for June-July delivery and lifted milling oat bids on both old and new crop. The firm said Prairie moisture has been ample and buyers are comfortable with current bids, so no major weather rally is expected.

- Date: 2024-05-29 · published 2024-05-29T12:00:00.000Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/30334-cash-brokerage-mid-week-market-update-5-29-24
- Commodities: [Barley](https://feedsoft.ai/c/BARLEY.md), [Oats](https://feedsoft.ai/c/OATS.md)

## Why it matters

Modest bid increases with calm weather expectations point to steady, limited upside for Canadian feed barley prices in the near term.

## Read by commodity

- OATS: bullish ▲
- BARLEY: bullish ▲

## Sources

- stonex.com: https://www.stonex.com/en-gb/insights/cash-brokerage-mid-week-market-update-5-29-24-1500132/

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