# Expensive corn to keep feed barley prices high | The Western Producer

> MarketsFarm analyst Bruce Burnett says Canadian feed barley stays near record values because December corn futures traded at US$5.39 per bushel on October 20. Imported US corn caps barley prices, while soymeal values have fallen 20% since January as crushers prioritize oil over meal.

- Date: 2021-10-21 · published 2021-10-21T12:00:00.000Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/44627-expensive-corn-to-keep-feed-barley-prices-high-the-western-producer
- Commodities: [Barley](https://feedsoft.ai/c/BARLEY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

High corn prices support barley as a feed substitute, while weaker soymeal reduces protein feed costs. Expanded crush for oil leaves more meal supply, pressuring protein feed prices.

## Read by commodity

- SBM: bearish ▼
- SBO: bullish ▲
- CORN: bullish ▲
- BARLEY: bullish ▲

## Sources

- producer.com: https://www.producer.com/news/expensive-corn-to-keep-feed-barley-prices-high/

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