# Feed weekly outlook: Weather market will determine grain prices - AgCanada

> MarketsFarm's Glen Hallick reports that Canadian Prairie feed grain prices are in a weather market, with barley, wheat and corn sensitive to rainfall. Weak feed demand and limited export interest for barley have pushed old-crop prices lower.

- Date: 2023-06-01 · published 2023-06-01T12:00:00.000Z
- Category: weather · region Canada · magnitude low
- Page: https://feedsoft.ai/events/35565-feed-weekly-outlook-weather-market-will-determine-grain-prices-agcanada
- Commodities: [Barley](https://feedsoft.ai/c/BARLEY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Weak demand is the main downward force on feed barley and wheat, while dry weather would be the main upside risk that could reverse the decline.

## Read by commodity

- CORN: neutral
- WHEAT: bearish ▼
- BARLEY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2018-10-18 | [Feed weekly outlook: Grains flood Alberta market - Manitoba Co-operator](https://feedsoft.ai/events/62584-feed-weekly-outlook-grains-flood-alberta-market-manitoba-co-operator.md) | +0.3% | -3.9% |
| WHEAT | 2018-10-22 | [Alberta feed market flooded with grain \| The Western Producer](https://feedsoft.ai/events/62608-alberta-feed-market-flooded-with-grain-the-western-producer.md) | +0.6% | -3.7% |
| WHEAT | 2018-09-13 | [Feed weekly outlook: Downgrades likely for Alberta crops - Grainews](https://feedsoft.ai/events/63134-feed-weekly-outlook-downgrades-likely-for-alberta-crops-grainews.md) | -6.1% | -6.4% |
| WHEAT | 2026-06-02 | [Chicago grain falls as US weather lifts crop outlook - Markets - Business Recorder](https://feedsoft.ai/events/10648-chicago-grain-falls-as-us-weather-lifts-crop-outlook-markets-business-recorder.md) | -1.3% | +0.7% |
| WHEAT | 2019-07-02 | [U.S. grains: Corn, soy ease on warmer weather - AgCanada](https://feedsoft.ai/events/58125-u-s-grains-corn-soy-ease-on-warmer-weather-agcanada.md) | -1.9% | -3.5% |
| CORN | 2023-07-27 | [Feed weekly outlook: wheat, barley prices still on the rise  - AgCanada](https://feedsoft.ai/events/12891-feed-weekly-outlook-wheat-barley-prices-still-on-the-rise-agcanada.md) | -13.2% | -14.2% |
| CORN | 2018-09-13 | [Feed weekly outlook: Downgrades likely for Alberta crops - Grainews](https://feedsoft.ai/events/63134-feed-weekly-outlook-downgrades-likely-for-alberta-crops-grainews.md) | +0.3% | +2.0% |
| CORN | 2016-07-13 | [Global Grain Insight: Markets will be driven by weather regardless of Brexit - Farmers Weekly](https://feedsoft.ai/events/7498-global-grain-insight-markets-will-be-driven-by-weather-regardless-of-brexit.md) | +7.6% | +2.1% |

## Sources

- agcanada.com: https://www.agcanada.com/daily/feed-weekly-outlook-weather-market-will-determine-grain-prices

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