By Commodity News Service Canada
WINNIPEG, March 16 (CNS Canada) – Following are a few highlights in the Canadian and world feed grains markets on Wednesday, March 16.
– CBOT corn futures held settled with small losses on Wednesday, with the May contract down 0.25 US cents at US$3.6825 per bushel. Forecasts calling for drier weather across much of the US corn belt over the next few weeks were a bearish influence, as the conditions should allow for good seeding progress.
– Japan’s Ministry of Agriculture had been looking to purchase 200,000 tonnes of feed barley and 120,000 tonnes of feed wheat in a simultaneous buy and sell auction, but only purchased 1,600 tonnes of barley and 100 tonnes of wheat, according to reports out of the country.
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…
– The European Feed Manufacturers Federation (FEFAC) is calling for more competition in the livestock and feed sectors, and is advocating for an end to European Union legislative developments “that undermine the competiveness of European feed manufacturers and livestock producers.”
– Western Canadian livestock feeders are said to be well covered over the next two months, with road bans in some areas also limiting movement.
– Feed barley bids in the key cattle feeding area of Lethbridge, Alberta were in the C$205 to C$212 per tonne area as of March 11, which was steady compared to the previous week, according to provincial reports. Feed wheat prices were in the C$228 to C$232 range, which was down by three dollars on the top end.
