By Commodity News Service Canada
WINNIPEG, April 10 (CNS Canada) – Russian barley exports during the marketing-year-to-date are running well behind the previous year’s pace, according to data compiled by UkrAgroConsult. Russian barley exports from July through February of 2.1 million tonnes, compare with 3.6 million during the same period in 2015/16.
The USDA releases its monthly supply/demand report on Tuesday, April 11, and traders are forecasting increases in both world and US corn ending stocks.
Chicago Board of Trade corn futures were stronger on Monday, as solid export demand and concerns over possible seeding delays in the US Midwest provided support.
Feed barley bids in the key cattle feeding area of Lethbridge, Alberta were in the C$160 to C$165 per tonne range as of April 7, which were down slightly compared to the previous week, according to the latest pricing information from the provincial government. Top end feed wheat prices were steady, at C$180 to C$185 per tonne in Lethbridge.
