# Feed barley short but prices still fall

> Feed barley prices in Canada have drifted lower despite limited 2023-24 supply, which Agriculture Canada puts at 8.75 million tonnes, down 17 percent. Prices have fallen about $100 per tonne this year as substitutes gain share, Chinese demand wanes after Australian barley tariffs were removed, and grains prices weaken.

- Date: 2023-12-01 · published 2023-12-01T12:00:00.000Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/33263-feed-barley-short-but-prices-still-fall
- Commodities: [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

Weaker Chinese export demand and cheaper substitutes limit barley's upside, so prices can fall even with a smaller crop.

## Read by commodity

- BARLEY: bearish ▼

## Sources

- producer.com: https://www.producer.com/markets/feed-barley-short-but-prices-still-fall/

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