By Commodity News Service Canada
Winnipeg – Following are a few highlights in the Canadian and world feed grains markets on Wednesday, January 6.
– CBOT corn futures settled within half a cent of unchanged on Wednesday, with speculative short-covering on the one hand countered by the bearish influence of declining energy prices on the other. The most active March contract was up a quarter cent at US$3.5325 per bushel.
– Japan received no offers for its latest feed wheat and barley simultaneous buy and sell (SBS) auction, according to the country’s Ministry of Agriculture. Japan had been looking to purchase 200,000 tonnes of barley and 120,000 tonnes of feed wheat.
Read Also
Feed Grains: Iowa Corn Growers President urges U.S. not to leave NAFTA
By Commodity News Service Canada Winnipeg, Jan. 19 (CNS) – Following are a few highlights in the Canadian and world…
– Kazakhstan exported 310,100 tonnes of barley during the first three months of the current marketing year, which began in September, according to a report from UkrAgroConsult. The exports were up 21% from the same time period the previous year, with Iran cited as a major buyer.
– Farmers in the Chinese province of Liaoning are reportedly growing illegal genetically engineered corn, according to a Greenpeace investigation that uncovered positive samples in 93% of fields tested and 20 out of 21 grain markets. Genetically engineered corn is not currently approved for commercial production in the country, although China is a major importer of GE crops.
– Feed barley bids in the key cattle feeding area of Lethbridge, Alberta were in the C$215 to C$217 per tonne area as of December 18, according to provincial reports. Feed wheat prices were in the C$226 to C$230 range. Updated prices from the government are set to be released on January 8.
