Feed Grains: European barley exports down on year

By Commodity News Service Canada

WINNIPEG, Dec. 16 (CNS Canada) – European barley exports are running well behind the year ago pace, with the 1.88 million tonnes exported to date about 65 per cent off the 2015/16 pace, according to reports.

Soft wheat exports, at 11.13 million tonnes as of December 13 were up slightly from the 11.02 million sold during the same timeframe a year ago. However, the EU has adjusted how it reports grain imports and exports, and warns that revisions are likely in subsequent reports.

Ukraine has exported 20.06 million tonnes of grain during the 2016/17 marketing year-to-date, according to the country’s agriculture ministry. That’s up by 880,000 tonnes from the same point a year ago.

Corn futures at the Chicago Board of Trade settled near unchanged on Friday, lacking any clear direction as traders squared positions ahead of the weekend.

Feed barley bids in the key cattle feeding area of Lethbridge, Alberta were in the C$170 to C$175 per tonne range as of December 9, which was relatively steady compared to the previous week, according to the latest pricing information from the provincial government. Top end feed wheat prices were also steady, at C$189 to C$190 per tonne in Lethbridge.

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