# Feed weekly outlook: Prices taper off ahead of report - Country Guide

> Western Canadian feed wheat and feed barley prices are well above last year but have slipped over the past month. Feedlots are fully booked for May and June and are buying less grain. AAFC cut its 2021-22 barley carryout forecast by 100,000 tonnes to 700,000 tonnes.

- Date: 2021-04-23 · published 2021-04-23T12:00:00.000Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/47679-feed-weekly-outlook-prices-taper-off-ahead-of-report-country-guide
- Commodities: [Barley](https://feedsoft.ai/c/BARLEY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Softer feedlot demand and a tight barley carryout pull in opposite directions. Near-term barley prices are likely to hold steady rather than rise sharply.

## Read by commodity

- WHEAT: bearish ▼
- BARLEY: bearish ▼

## Sources

- country-guide.ca: https://www.country-guide.ca/daily/feed-weekly-outlook-prices-taper-off-ahead-of-report/

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