# Feed Grains: Feed wheat, oat prices weaken in Manitoba | The Western Producer

> Feed wheat and oat prices weakened in Manitoba as CBOT corn fell on profit-taking and a firmer US dollar. Delivered elevator prices were C$4.40-4.49 per bushel for feed wheat and C$2.90-3.18 for oats. Reports also noted China planning less corn planting and worsening bird flu culls in South Korea.

- Date: 2016-12-19 · published 2016-12-19T12:00:00.000Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/73525-feed-grains-feed-wheat-oat-prices-weaken-in-manitoba-the-western-producer
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Oats](https://feedsoft.ai/c/OATS.md), [Barley](https://feedsoft.ai/c/BARLEY.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Weaker corn futures and a stronger dollar pressure feed grain values for Canadian buyers, while bird flu losses in Asia may support poultry-related feed demand. Overall the price implication is mildly bearish for grains.

## Read by commodity

- DXY: bullish ▲
- CORN: bearish ▼
- OATS: bearish ▼
- WHEAT: bearish ▼
- BARLEY: neutral

## Sources

- producer.com: https://www.producer.com/market_update/feed-grains-feed-wheat-oat-prices-weaken-in-manitoba/

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