# Foreign demand for Canadian barley brings spike in price - Lethbridge | Globalnews.ca

> Canadian barley prices in southern Alberta have risen to about $6.50 a bushel from $4.80 a year earlier, the highest a local grain farmer has seen. Strong Chinese demand to rebuild its hog herd after African swine fever, along with the China-Australia trade dispute, is cited as the driver.

- Date: 2021-02-24 · published 2021-02-24T12:00:00.000Z
- Category: trade · region Canada · magnitude medium
- Page: https://feedsoft.ai/events/48710-foreign-demand-for-canadian-barley-brings-spike-in-price-lethbridge-globalnews
- Commodities: [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

Export demand from China is absorbing Canadian feed grain supplies, keeping barley prices elevated and raising costs for Canadian livestock feeders.

## Read by commodity

- BARLEY: bullish ▲

## Sources

- globalnews.ca: https://globalnews.ca/news/7660973/alberta-barley-price-spike-2021/

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