# Feed weekly outlook: Barley bids drop ahead of harvest - Grainews

> Canadian feed barley bids fell as seasonal harvest pressure built and end users were already well covered. Feed barley in Lethbridge dropped from about $240/t on July 28 to roughly $218/t by early August. Feed wheat bids also eased, though less sharply, while weak US corn kept some pressure on prices.

- Date: 2020-08-07 · published 2020-08-07T12:00:00.000Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/51688-feed-weekly-outlook-barley-bids-drop-ahead-of-harvest-grainews
- Commodities: [Barley](https://feedsoft.ai/c/BARLEY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Ample local supply and buyers already covered point to lower near-term feed barley prices into harvest. Weaker US corn also limits how far Canadian feed grain prices can rise.

## Read by commodity

- CORN: bearish ▼
- BARLEY: bearish ▼

## Sources

- grainews.ca: https://www.grainews.ca/daily/feed-weekly-outlook-barley-bids-drop-ahead-of-harvest/

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