# Klassen: Feeder market eyes feed grain complex - Canadian Cattlemen

> Western Canadian feeder cattle traded steady to $2 higher, and Alberta fed cattle sold at $353-357/cwt dressed. Feedlots are buying lighter calves expecting significant downside in new-crop barley prices as Canadian barley acreage is expected to rise.

- Date: 2023-03-28 · published 2023-03-28T12:00:00.000Z
- Category: market · region Western Canada · magnitude low
- Page: https://feedsoft.ai/events/5600-klassen-feeder-market-eyes-feed-grain-complex-canadian-cattlemen
- Commodities: [Barley](https://feedsoft.ai/c/BARLEY.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Expected larger new-crop barley supplies and an inverse old-to-new crop spread push barley prices lower, which encourages feedlot demand for lighter cattle.

## Read by commodity

- BARLEY: bearish ▼
- FCATTLE: bullish ▲

## Sources

- canadiancattlemen.ca: https://www.canadiancattlemen.ca/daily/klassen-feeder-market-eyes-feed-grain-complex/

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