- Russian domestic feed prices increased by 3% year-over-year, indicating firming internal demand.
- Tunisia purchased 75,000 metric tons of feed barley in a recent tender.
Market Update
Data from the Russian market indicates domestic feed prices have risen 3% over the last twelve months. This reflects a steady-to-firm tone in the internal market for feed components.
In international trade, Tunisia’s state grain buyer successfully secured 75,000 metric tons of feed barley. While the origin was not specified in the initial report, Black Sea suppliers are typically competitive in this destination.
Analysis
Bullish: The year-over-year increase in domestic feed prices suggests solid demand from Russia’s livestock sector. This can create a price floor for feed grains like corn and barley, potentially tightening exportable supplies if domestic users compete more strongly with exporters. The purchase by Tunisia confirms steady demand from key North African importers, providing support for regional barley prices.
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