# Feed weekly outlook: New-crop prices to rise | Farmtario

> MarketsFarm reports drought on the Canadian Prairies and in the US northern Plains is pushing up new-crop feed wheat and feed barley prices. A Saskatchewan trader expects barley production to fall due to heat, and says wheat futures are also gaining on weather.

- Date: 2021-06-25 · published 2021-06-25T12:00:00.000Z
- Category: weather · region Canada · magnitude medium
- Page: https://feedsoft.ai/events/46655-feed-weekly-outlook-new-crop-prices-to-rise-farmtario
- Commodities: [Barley](https://feedsoft.ai/c/BARLEY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Drought-driven crop losses in the Prairies and northern Plains tighten new-crop feed barley and wheat supplies. Feed buyers should expect firmer prices unless rain arrives soon.

## Read by commodity

- WHEAT: bullish ▲
- BARLEY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 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) | +0.0% | -2.0% |
| WHEAT | 2019-11-20 | [Livestock farmers advised to fix feed costs as prices rise - Farmers Weekly](https://feedsoft.ai/events/56182-livestock-farmers-advised-to-fix-feed-costs-as-prices-rise-farmers-weekly.md) | +0.9% | -0.7% |
| WHEAT | 2019-06-14 | [Feed weekly outlook: Grain prices strong as dry weather persists - Grainews](https://feedsoft.ai/events/58641-feed-weekly-outlook-grain-prices-strong-as-dry-weather-persists-grainews.md) | -6.0% | -8.3% |
| WHEAT | 2018-06-01 | [Feed grain price outlook](https://feedsoft.ai/events/65092-feed-grain-price-outlook.md) | +0.3% | -2.1% |
| WHEAT | 2019-05-15 | [CBOT weekly outlook: Factors come together to boost prices - Manitoba Co-operator](https://feedsoft.ai/events/6667-cbot-weekly-outlook-factors-come-together-to-boost-prices-manitoba-co-operator.md) | +11.2% | +10.0% |

## Sources

- farmtario.com: https://farmtario.com/daily/feed-weekly-outlook-new-crop-prices-to-rise/

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