# Klassen: Feeder market continues downward slide - AgCanada

> Western Canadian yearling prices were steady to $2 lower in the week ending mid-November 2021, and calves traded $2-4 lower. A major snowstorm in Saskatchewan and Manitoba led buyers to apply a weather risk discount, and feedlots expect barley to be hard to find over the winter while imported corn prices keep rising.

- Date: 2021-11-16 · published 2021-11-16T12:00:00.000Z
- Category: weather · region Canada · magnitude low
- Page: https://feedsoft.ai/events/9551-klassen-feeder-market-continues-downward-slide-agcanada
- Commodities: [Barley](https://feedsoft.ai/c/BARLEY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Tighter barley supply and higher imported corn prices raise feed grain costs for Canadian feedlots, squeezing margins and pressuring feeder demand.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2019-06-04 | [Klassen: Feeder market absorbs double-edged sword - Country Guide](https://feedsoft.ai/events/11383-klassen-feeder-market-absorbs-double-edged-sword-country-guide.md) | -0.7% | -0.2% |
| CORN | 2017-08-02 | [Weather continues to dominate market sentiment -  Premium](https://feedsoft.ai/events/12265-weather-continues-to-dominate-market-sentiment-premium.md) | +1.2% | -7.4% |
| CORN | 2018-05-14 | [Higher feed grain prices pressure cattle feeder market - Canadian Cattlemen](https://feedsoft.ai/events/65129-higher-feed-grain-prices-pressure-cattle-feeder-market-canadian-cattlemen.md) | +1.7% | -1.8% |
| CORN | 2026-02-13 | [Argentina's drought continues to hit corn, soy \| Latest Market News](https://feedsoft.ai/events/13809-argentina-s-drought-continues-to-hit-corn-soy-latest-market-news.md) | -1.1% | +3.5% |
| CORN | 2024-04-22 | [U.S. grains: Wheat futures rally as weather risks rattle markets - AgCanada](https://feedsoft.ai/events/12140-u-s-grains-wheat-futures-rally-as-weather-risks-rattle-markets-agcanada.md) | -0.6% | +2.1% |
| FCATTLE | 2021-07-27 | [Klassen: Feed barley rally pressures feeder cattle market - AgCanada](https://feedsoft.ai/events/12494-klassen-feed-barley-rally-pressures-feeder-cattle-market-agcanada.md) | -2.4% | -2.5% |
| FCATTLE | 2019-06-04 | [Klassen: Feeder market absorbs double-edged sword - Country Guide](https://feedsoft.ai/events/11383-klassen-feeder-market-absorbs-double-edged-sword-country-guide.md) | +4.7% | +2.6% |
| FCATTLE | 2018-05-14 | [Higher feed grain prices pressure cattle feeder market - Canadian Cattlemen](https://feedsoft.ai/events/65129-higher-feed-grain-prices-pressure-cattle-feeder-market-canadian-cattlemen.md) | -4.5% | +5.4% |

## Sources

- agcanada.com: https://www.agcanada.com/daily/klassen-feeder-market-continues-downward-slide

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