# MARKET SHIFT CAUSES UNREST – GrainsWest

> Intent-to-grow contracts for malting barley are priced below feed barley in Western Canada, eroding the usual malting premium. Maltsters are buying more selectively because COVID-19 has cut brewing demand, with draft sales down 25 to 30 percent in North America. Feed barley reached $6 per bushel or higher in late 2020.

- Date: 2021-03-19 · published 2021-03-19T12:00:00.000Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/48184-market-shift-causes-unrest-grainswest
- Commodities: [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

A narrowing malt premium could lead farmers to shift acres toward feed barley, adding supply to the feed market. Lower malt demand also weakens the barley price structure.

## Read by commodity

- BARLEY: neutral

## Sources

- grainswest.com: https://grainswest.com/2021/03/market-shift-causes-unrest/

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