# Feed barley stuck in downtrend - Manitoba Co-operator

> Western Canadian feed barley bids continued sliding, with Lethbridge pricing around C$265 per tonne for March/April delivery. Agfinity cited large barley stocks and continued U.S. corn imports, with Canada importing 564,900 tonnes of U.S. corn since Sept. 1, roughly double the prior year's pace. Canadian barley exports are running well behind last year.

- Date: 2024-02-29 · published 2024-02-29T12:00:00.000Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/31745-feed-barley-stuck-in-downtrend-manitoba-co-operator
- Commodities: [Barley](https://feedsoft.ai/c/BARLEY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Cheap imported U.S. corn and heavy barley stocks are capping feed barley values, so buyers can source cheaper feed grains in the near term. Weak barley exports point to continued soft nearby pricing unless new-crop acreage concerns lift prices.

## Read by commodity

- CORN: bearish ▼
- BARLEY: bearish ▼

## Sources

- manitobacooperator.ca: https://www.manitobacooperator.ca/daily/feed-barley-stuck-in-downtrend/

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