# Klassen: Weaker barley prices enhance yearling prices - Grainews

> Southern Alberta yearling cattle prices rose $3 to $8 per hundredweight from the prior week as feedlots bought aggressively amid snug supplies of quality feeders. Barley prices dropped about $20 per tonne over the past two weeks, and a weaker Canadian dollar also supported the market.

- Date: 2018-06-26 · published 2018-06-26T12:00:00.000Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/64586-klassen-weaker-barley-prices-enhance-yearling-prices-grainews
- Commodities: [Barley](https://feedsoft.ai/c/BARLEY.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Canadian Dollar (CAD per USD)](https://feedsoft.ai/c/USDCAD.md)

## Why it matters

Cheaper barley lowers feed costs for feedlots and supports restocking demand for cattle, while the weaker Canadian dollar supports cattle values.

## Read by commodity

- BARLEY: bearish ▼
- USDCAD: bullish ▲
- FCATTLE: bullish ▲

## Sources

- grainews.ca: https://www.grainews.ca/daily/klassen-weaker-barley-prices-enhance-yearling-prices/

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