# Feed weekly outlook: Downgrades likely for Alberta crops - Grainews

> Snow and wet weather in northern and central Alberta are expected to downgrade many crops and push more feed grains onto the market. Feed wheat fell from about $7 to $6.50 per bushel, though harvest discounts are smaller than usual.

- Date: 2018-09-13 · published 2018-09-13T12:00:00.000Z
- Category: weather · region Canada · magnitude medium
- Page: https://feedsoft.ai/events/63134-feed-weekly-outlook-downgrades-likely-for-alberta-crops-grainews
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Lower-grade crops add feed supply, but buyers are forced to purchase at premiums now, leaving the seasonal harvest price drop muted.

## Read by commodity

- CORN: neutral
- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2018-10-18 | [Feed weekly outlook: Grains flood Alberta market - Manitoba Co-operator](https://feedsoft.ai/events/62584-feed-weekly-outlook-grains-flood-alberta-market-manitoba-co-operator.md) | +0.3% | -3.9% |
| WHEAT | 2023-06-01 | [Feed weekly outlook: Weather market will determine grain prices - AgCanada](https://feedsoft.ai/events/35565-feed-weekly-outlook-weather-market-will-determine-grain-prices-agcanada.md) | -3.6% | +8.1% |
| WHEAT | 2020-07-23 | [Positive outlook for feed grain production \| Meat & Livestock Australia](https://feedsoft.ai/events/52067-positive-outlook-for-feed-grain-production-meat-and-livestock-australia.md) | +0.7% | -1.9% |
| WHEAT | 2021-06-17 | [GRAINS-Corn drops over 2% on U.S. weather outlook; soy, wheat also down \| CNBC Africa](https://feedsoft.ai/events/7308-grains-corn-drops-over-2-on-u-s-weather-outlook-soy-wheat-also-down-cnbc-africa.md) | -7.8% | -12.3% |
| WHEAT | 2018-10-22 | [Alberta feed market flooded with grain \| The Western Producer](https://feedsoft.ai/events/62608-alberta-feed-market-flooded-with-grain-the-western-producer.md) | +0.6% | -3.7% |
| CORN | 2023-06-01 | [Feed weekly outlook: Weather market will determine grain prices - AgCanada](https://feedsoft.ai/events/35565-feed-weekly-outlook-weather-market-will-determine-grain-prices-agcanada.md) | -2.2% | -3.2% |
| CORN | 2018-10-04 | [Feed weekly outlook: Snowy weather makes for larger feed supplies - Manitoba Co-operator](https://feedsoft.ai/events/62609-feed-weekly-outlook-snowy-weather-makes-for-larger-feed-supplies-manitoba-co.md) | -1.5% | -1.1% |
| 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% |

## Sources

- grainews.ca: https://www.grainews.ca/daily/feed-weekly-outlook-downgrades-likely-for-alberta-crops/

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