# Plenty of feed wheat available on Prairies, few takers - Grainews

> Poor harvest weather has downgraded many Prairie wheat crops into feed channels, but feed buyers are slow to purchase. Feed wheat is around C$240-250 per tonne and feed barley near C$225 per tonne in Manitoba, while Alberta feedlots are largely covered.

- Date: 2018-10-25 · published 2018-10-25T12:00:00.000Z
- Category: weather · region Canada · magnitude low
- Page: https://feedsoft.ai/events/62606-plenty-of-feed-wheat-available-on-prairies-few-takers-grainews
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Abundant downgraded feed wheat and barley add supply to the feed market with weak near-term demand, which tends to keep feed grain prices soft relative to corn.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2018-03-19 | [U.S. grains: Wheat tumbles as rains cross drought-hit Plains - Grainews](https://feedsoft.ai/events/8007-u-s-grains-wheat-tumbles-as-rains-cross-drought-hit-plains-grainews.md) | -0.5% | +3.6% |
| WHEAT | 2019-06-05 | [U.S. grains: Futures plummet on Midwest weather, profit-taking - Grainews](https://feedsoft.ai/events/8688-u-s-grains-futures-plummet-on-midwest-weather-profit-taking-grainews.md) | +3.5% | -4.0% |
| WHEAT | 2019-05-02 | [Feedgrain Focus: New-crop prices tumble on forecast rain - Grain Central](https://feedsoft.ai/events/7490-feedgrain-focus-new-crop-prices-tumble-on-forecast-rain-grain-central.md) | -4.8% | -9.9% |
| WHEAT | 2019-06-28 | [Feedgrain Focus: CQ wheat guides new-crop pricing - Beef Central](https://feedsoft.ai/events/58713-feedgrain-focus-cq-wheat-guides-new-crop-pricing-beef-central.md) | -8.5% | -12.7% |
| WHEAT | 2020-12-03 | [Australia to Harvest Second Biggest Wheat Crop on Record \| Feed & Grain](https://feedsoft.ai/events/49623-australia-to-harvest-second-biggest-wheat-crop-on-record-feed-and-grain.md) | +9.8% | +9.8% |
| CORN | 2023-07-27 | [Feed weekly outlook: wheat, barley prices still on the rise  - AgCanada](https://feedsoft.ai/events/12891-feed-weekly-outlook-wheat-barley-prices-still-on-the-rise-agcanada.md) | -13.2% | -14.2% |
| CORN | 2022-09-14 | [Keeping an eye on wheat weather \| World Grain](https://feedsoft.ai/events/39520-keeping-an-eye-on-wheat-weather-world-grain.md) | -1.4% | -2.3% |
| CORN | 2018-09-13 | [Feed weekly outlook: Downgrades likely for Alberta crops - Grainews](https://feedsoft.ai/events/63134-feed-weekly-outlook-downgrades-likely-for-alberta-crops-grainews.md) | +0.3% | +2.0% |

## Sources

- grainews.ca: https://www.grainews.ca/daily/plenty-of-feed-wheat-available-on-prairies-few-takers/

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