By Commodity News Service Canada
WINNIPEG, Dec. 1 (CNS Canada) – Ukrainian grain stocks as of November 1 came in at 27.1 million tonnes, which was 12 per cent below the supplies on hand at the same point the previous year, according to a report from the country’s statistics agency.
On a crop-by-crop basis, wheat stocks in Ukraine, at 12.1 million tonnes, were down by about two million tonnes from the previous year, while corn stocks, at 10.5 per cent were also down by more than two million tonnes. Barley, meanwhile, saw supplies rise five per cent on the year to 2.8 million tonnes.
Corn futures at the Chicago Board of Trade were down on Thursday, with disappointing weekly export sales behind some of the selling pressure.
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 November 25, 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$188 to C$192 per tonne in Lethbridge.
