# Feed weekly outlook: Prices steady, but changes coming - AgCanada

> Canadian feed barley and wheat supplies are nearly exhausted, keeping prices firm. CBOT and KC wheat futures rose by the 50-cent daily limit after the Russian invasion of Ukraine, then pulled back after a USDA outlook projected US 2022-23 wheat production at 1.94 billion bushels. Feedlots are switching to corn rations.

- Date: 2022-02-25 · published 2022-02-25T12:00:00.000Z
- Category: geopolitics · region Canada · magnitude medium
- Page: https://feedsoft.ai/events/6314-feed-weekly-outlook-prices-steady-but-changes-coming-agcanada
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

Tight barley and wheat supplies push feedlots to corn, lifting corn demand, while the large USDA wheat forecast limits the rally in wheat.

## Read by commodity

- CORN: bullish ▲
- WHEAT: neutral
- BARLEY: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| BARLEY | 2022-02-28 | 1 | +14.1% | 5.2 | Limit-up CBOT/KC wheat after the invasion and tight Canadian feed barley supplies point to firm barley prices, though the pullback and feedlot switching to corn tempers the effect. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2026-08-10 | [CRMAgri - Latest - Weekly Grains Outlook - Black Sea shipping disruptions](https://feedsoft.ai/events/14095-crmagri-latest-weekly-grains-outlook-black-sea-shipping-disruptions.md) | +3.0% | +11.1% |
| CORN | 2022-05-31 | [Why fertiliser prices are soaring](https://feedsoft.ai/events/41723-why-fertiliser-prices-are-soaring.md) | -0.8% | -2.6% |
| CORN | 2026-09-09 | [Feed price rises point to tighter margins this winter   - Farmers Weekly](https://feedsoft.ai/events/17594-feed-price-rises-point-to-tighter-margins-this-winter-farmers-weekly.md) | +3.9% | +1.2% |
| CORN | 2022-02-28 | [Balancing the outlook for agriculture \| ANZ](https://feedsoft.ai/events/42660-balancing-the-outlook-for-agriculture-anz.md) | +10.4% | +14.4% |
| CORN | 2026-03-23 | [Corn Prices: Crop Hits Two-Week High as Iran War Threatens Fertilizer Supply - Bloomberg](https://feedsoft.ai/events/20182-corn-prices-crop-hits-two-week-high-as-iran-war-threatens-fertilizer-supply.md) | -0.3% | -1.8% |
| WHEAT | 2022-11-18 | [Prairie cash wheat: Bids steady following Ukraine volatility - AgCanada](https://feedsoft.ai/events/38728-prairie-cash-wheat-bids-steady-following-ukraine-volatility-agcanada.md) | +0.8% | -0.4% |
| WHEAT | 2023-10-02 | [Wheat Market Outlook – October 2nd, 2023 \| Sask Wheat](https://feedsoft.ai/events/7140-wheat-market-outlook-october-2nd-2023-sask-wheat.md) | -3.9% | -1.2% |
| WHEAT | 2026-04-02 | [Commodities market update: unrest and high prices • De Molenaar](https://feedsoft.ai/events/19834-commodities-market-update-unrest-and-high-prices-de-molenaar.md) | -1.7% | +1.6% |

## Sources

- agcanada.com: https://www.agcanada.com/daily/feed-weekly-outlook-prices-steady-but-changes-coming

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