By Commodity News Service Canada
WINNIPEG, Dec. 15 (CNS Canada) – Canadian barley exports are running well ahead of the year-ago pace, with 677,100 tonnes exported to date, according to the latest Canadian Grain Commission data. That compares with only 354,200 tonnes at the same point the previous year.
The domestic usage pace, meanwhile, is running slightly behind the year-ago pace.
Ukrainian barley exports from July through November are behind the 2016 pace, according to data compiled by UkrAgroConsult. The country exported 3.73 million tonnes of barley during the first five months of the 2016/17 crop year, which was down 6.5 per cent from the previous year.
Myanmar is once again allowing imports of corn from the United States, according to the U.S. Grains Council. The Asian country had imposed new pest requirements that effectively prohibited imports in January 2017 and the U.S. now has the paperwork in place to meet those regulations. While Myanmar is a net corn exporter, domestic feed consumption is reportedly growing.
Corn futures at the Chicago Board of Trade edged lower on Friday, but remain stuck narrowly range-bound overall awaiting some fresh fundamental news.