# Supply glut dragging down organics market - AgCanada

> Organic grain prices are weak as farmers sell into spring, with feed wheat near $12.50 per bushel, feed oats $3.00-3.50 and organic barley $6.50-7.00. Traders attribute the slump to an oversupply of organic feed grains and weak consumer demand.

- Date: 2019-04-26 · published 2019-04-26T12:00:00.000Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/59646-supply-glut-dragging-down-organics-market-agcanada
- Commodities: [Oats](https://feedsoft.ai/c/OATS.md), [Barley](https://feedsoft.ai/c/BARLEY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Oversupply of organic feed grains keeps prices depressed for buyers of organic feed, while conventional feed grain prices are largely unaffected given the small organic share of supply.

## Read by commodity

- OATS: bearish ▼
- WHEAT: bearish ▼
- BARLEY: bearish ▼

## Sources

- agcanada.com: https://www.agcanada.com/2019/04/supply-glut-dragging-down-organics-market

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