# Rising commodity prices are good news for ag producers — Oyen Echo

> Prairie farmers report canola prices near $16 per bushel, the highest in over a decade, with Canadian canola exports up 33 percent year to date. Spring wheat, feed barley and oat prices are also reported well above their five-year averages.

- Date: 2021-03-04 · published 2021-03-04T12:00:00.000Z
- Category: trade · region Canada · magnitude low
- Page: https://feedsoft.ai/events/48179-rising-commodity-prices-are-good-news-for-ag-producers-oyen-echo
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md), [Oats](https://feedsoft.ai/c/OATS.md)

## Why it matters

Chinese stockpiling of canola products and strong demand for feed grains support prices, encouraging farmers to lock in forward sales.

## Read by commodity

- OATS: bullish ▲
- WHEAT: bullish ▲
- BARLEY: bullish ▲
- CANMEAL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2017-09-25 | [Russia: wheat export prices are rising due to good](https://feedsoft.ai/events/69002-russia-wheat-export-prices-are-rising-due-to-good.md) | -7.1% | +2.9% |
| WHEAT | 2020-03-30 | [A page of good news for wheat growers - Brownfield Ag News](https://feedsoft.ai/events/54175-a-page-of-good-news-for-wheat-growers-brownfield-ag-news.md) | +2.2% | +1.1% |
| WHEAT | 2019-09-13 | [WASDE Report Raises Grain Prices - Inside Grains & Commodity \| Boerenbusiness. Nl](https://feedsoft.ai/events/9895-wasde-report-raises-grain-prices-inside-grains-and-commodity-boerenbusiness-nl.md) | +2.2% | +0.7% |
| WHEAT | 2017-10-10 | [E-Malt.com News article: Russia: Barley and wheat export prices rise amid strong demand from buyers](https://feedsoft.ai/events/68521-e-malt-com-news-article-russia-barley-and-wheat-export-prices-rise-amid-strong.md) | +0.2% | -3.8% |
| WHEAT | 2025-10-24 | [Getreide News, 24/Oct/2025 commodity market assessment](https://feedsoft.ai/events/5431-getreide-news-24-oct-2025-commodity-market-assessment.md) | +3.4% | -1.8% |
| OATS | 2019-10-04 | [Paterson Global Foods Announces New Oat Processing Facility In Winnipeg \| Farms.com](https://feedsoft.ai/events/56641-paterson-global-foods-announces-new-oat-processing-facility-in-winnipeg-farms.md) | -0.4% | +3.6% |
| OATS | 2016-07-07 | [New golden age for oats \| Countryman](https://feedsoft.ai/events/12593-new-golden-age-for-oats-countryman.md) | +9.1% | -10.0% |
| OATS | 2020-08-01 | [For 2021, Richardson to source pre-harvest-product-free milling oats](https://feedsoft.ai/events/52166-for-2021-richardson-to-source-pre-harvest-product-free-milling-oats.md) | -0.7% | -3.2% |

## Sources

- oyenecho.com: https://www.oyenecho.com/archive-2020-2023/rising-commodity-prices-are-good-news-for-ag-producers

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