# Grain Market Update 21st February - Irish Farmers' Association

> Irish feed demand for barley and wheat has slackened as livestock go to grass, and cheaper imported maize and by-products have cut feed use further. Merchants and farmers are releasing barley stocks, pressuring prices, and Matif and CBOT wheat futures hit 7-month lows that week.

- Date: 2019-02-21 · published 2019-02-21T12:00:00.000Z
- Category: market · region EU · magnitude low
- Page: https://feedsoft.ai/events/60628-grain-market-update-21st-february-irish-farmers-association
- Commodities: [Barley](https://feedsoft.ai/c/BARLEY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Weak feed demand and cheap maize imports point to lower barley and wheat prices in Ireland and the EU, with new-crop prices already reset lower.

## Read by commodity

- CORN: bearish ▼
- WHEAT: bearish ▼
- BARLEY: bearish ▼

## Sources

- ifa.ie: https://www.ifa.ie/markets-and-prices/grain-market-update-21st-february/

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