# Feed barley under pressure, but opportunities available - Manitoba Co-operator

> Western Canadian feed barley bids stayed under pressure in mid-February amid continued U.S. corn imports and a mild winter. Average barley prices hit their lowest since December 2020, while Chicago corn futures reached fresh contract lows on Feb. 22, at their softest in over three years.

- Date: 2024-02-22 · published 2024-02-22T12:00:00.000Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/31750-feed-barley-under-pressure-but-opportunities-available-manitoba-co-operator
- Commodities: [Barley](https://feedsoft.ai/c/BARLEY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Lower corn futures and barley bids reduce feed costs for buyers, though feedlots may extend corn coverage as prices fall. Seasonal support and acreage declines could lift new-crop barley later.

## Read by commodity

- CORN: bearish ▼
- BARLEY: bearish ▼

## Sources

- manitobacooperator.ca: https://www.manitobacooperator.ca/daily/feed-barley-under-pressure-but-opportunities-available/

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