By Commodity News Service Canada
WINNIPEG, Mar. 22 (CNS Canada) – Following are a few
highlights in the Canadian and world feed grains markets on
Tuesday, March 22.
– CBOT corn futures were up half a cent on Tuesday, with the May contract at US$3.7000 per bushel. The market was relatively quiet as investors hunted for bargains amid light selling.
– Domestic corn stocks are dwindling in Brazil. Strong export demand has reduced available supplies to 4 million tonnes, according to numbers from CONAB.
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By Commodity News Service Canada Winnipeg, Jan. 19 (CNS) – Following are a few highlights in the Canadian and world…
– Stockpiles of wheat in Europe are forecast to reach an 8-year high in 2017, according to the European Commission.
– Farmers in South Kazakhstan have begun planting spring barley, according to a report on ukagroconsult.com.
– Lithuania has become the largest supplier of wheat to Saudi Arabia. From July to December alone the eastern European country has exported 658,000 tonnes of wheat to Saudi Arabia. That is 240% more than what it supplied last year. In second place is Germany which has supplied just 194,000, according to grainboard.com.
– Russia continues to be the main source of grain for South Africa. According to Grain South Africa’s information service, so far in the current season the country has imported 434,000 tonnes of grain from Russia.
– Feed barley bids in the key cattle feeding area of Lethbridge, Alberta were in the C$205 to C$212 per tonne range as of March 18, which was unchanged compared to the previous week, according to provincial reports. Feed wheat prices were in the C$228 to C$235 range, which were slightly below last week’s range.
