# Feed weekly outlook: High barley prices to stay awhile - AgCanada

> Feed barley prices in Western Canada have risen over the past year, with high-delivered bids for Alberta feed barley reaching $6.97 per bushel. Corn futures are at levels not seen since 2013, and elevators are buying new crop while farmers hold old crop. A new 40,000-head feedlot near Enchant is expected to add feed demand later this year.

- Date: 2021-03-12 · published 2021-03-12T12:00:00.000Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/48181-feed-weekly-outlook-high-barley-prices-to-stay-awhile-agcanada
- Commodities: [Barley](https://feedsoft.ai/c/BARLEY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Strong export demand from China, Japan and India, plus rising Alberta feed demand, supports barley and feed grain prices. Tight farmer selling and high bids point to firm prices unless China demand fades.

## Read by commodity

- CORN: bullish ▲
- BARLEY: bullish ▲

## Sources

- agcanada.com: https://www.agcanada.com/daily/feed-weekly-outlook-high-barley-prices-to-stay-awhile

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