Feed Grains: Russian barley exports down on year

By Commodity News Service Canada

WINNIPEG, May 17 (CNS Canada) – Russian barley exports are running well behind the previous year’s pace, according to a report from UkrAgroConsult. During the nine months ended in March the country had exported 2.26 million tonnes of barley, which is about 1.3 million tonnes less than during the same timeframe the previous year.

Spring cereal seeding in Ukraine is roughly 90 per cent complete, according to a report from UkrAgroConsult. That’s down slightly from 92.5 per cent at the same point the previous year.

The Association of Argentinian Corn (MaizAr) is forecasting a 40 million tonne crop in the country, which would be in line with the USDA’s current estimate and well above the 29 million tonnes grown in 2015/16.

Chicago Board of Trade corn futures were stronger on Wednesday, as forecasts calling for wet Midwestern weather and the resulting threat of seeding delays provided support.

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 May 12, which were steady compared to the previous week, according to the latest pricing information from the provincial government. Top end feed wheat prices were up slightly, at C$187 to C$196 per tonne in Lethbridge.

---

Newsletter Sign Up - Get access to essential information on Canada’s cattle industry daily.

One email delivered 6 days a week for ranchers, feedlots, packers and livestock sales operators.

Your Email(Required)

Your Postal Code(Required)

Consent

I consent to receiving emails from Glacier FarmMedia, its affiliates and divisions and third parties, containing agriculture news, updates and promotions. I can unsubscribe at any time

Phone

This field is for validation purposes and should be left unchanged.