By Commodity News Service Canada
WINNIPEG, Feb. 26 (CNS Canada) – Following are a few
highlights in the Canadian and world feed grains markets on
Friday, February 26.
– CBOT corn futures dropped one cent per bushel on Friday,
with the May contract at US$3.5950 per bushel. The market felt
some pressure due to bearish USDA data and weak oil prices.
– According to the USDA, US corn inventories will reach
1.977 billion bushels in 2016-17, a 12-year high.
– A new report by the USDA predicts wheat stocks at the end
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By Commodity News Service Canada Winnipeg, Jan. 19 (CNS) – Following are a few highlights in the Canadian and world…
million this crop year, which is a 29-year high.
– Mexican imports of US corn were up in the fourth quarter.
Analysts cite lower transport costs from Illinois to Veracruz as
key factors sparking the increase. In all, Mexico took in 2.9
million metric tonnes of corn, which was 30 percent more than
the same period a year earlier, according to the USDA.
– The corn harvest in Brazil is advancing smoothly due to
favourable weather conditions, according to a report by
agrosouthadm. The state of Rio Grand do Sul advanced to 42
percent of the surface planted.
– Feed barley bids in the key cattle feeding area of
Lethbridge, Alberta were C$215 per tonne as of February 19,
provincial reports. Feed wheat prices held steady at C$230 to
C$232.
