# Hot feedgrain market likely to soon ease: analyst | The Western Producer

> Analyst Chuck Penner of LeftField Commodity Research expects China's barley and feed grain buying to slow in the second half of 2021. He argues the 2020 Chinese corn crop was hit by flooding, which drove the 2020-21 import surge, and forecasts Canadian barley carryout of 1.4 million tonnes in 2021-22.

- Date: 2021-06-02 · published 2021-06-02T12:00:00.000Z
- Category: trade · region China · magnitude low
- Page: https://feedsoft.ai/events/46652-hot-feedgrain-market-likely-to-soon-ease-analyst-the-western-producer
- Commodities: [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

Slower Chinese demand in the second half would leave heavy Canadian barley stocks and pressure barley prices down. Feed buyers may find cheaper barley later in the year.

## Read by commodity

- BARLEY: bearish ▼

## Sources

- producer.com: https://www.producer.com/news/hot-feedgrain-market-likely-to-soon-ease-analyst/

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