By Commodity News Service Canada
– Bigger grains in Britain’s 2015/16 cereal crops will likely improve the extraction rate for the country’s flour milling industry, according to a recent report by the Department for Environment, Food and Rural Affairs.
– The Spanish government is expected to increase grain imports to make up for shortages in its domestic supply, according to reports out of the country.
– Ukraine’s Agricultural Policy and Food Minister says the country is ready to double or triple exports of corn and wheat to Turkey if needed. Turkey usually buys the bulk of its wheat from Russia, but some doubt has crept into that arrangement since Turkish fighters shot down a Russian fighter jet.
– Japan purchased just over 125 thousand tonnes of feed wheat from Canada and the US in a tender on Thursday.
– Feed barley bids in the key cattle feeding area of
Lethbridge, Alberta were C$3.50-4.00 per bushel, according to Prairie Ag Hotwire. Feed wheat prices are in the C$4.75-5.00 range.
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