By Commodity News Service Canada
WINNIPEG, March 28 (CNS Canada) – Following are a few highlights in the Canadian and world feed grains markets on Monday, March 28.
– CBOT corn futures were narrowly mixed on Monday, as traders were squaring positions ahead of the USDA’s prospective plantings and quarterly stocks reports due out on Thursday. The May contract was up by half a cent at US$3.7050 per bushel.
– Pre-report guesses are generally calling for an increase in US corn area compared to the previous year, with many trade guesses topping 90 million acres. Quarterly stocks are also generally expected to be large, possibly hitting their biggest level for March 1 in thirty years.
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By Commodity News Service Canada Winnipeg, Jan. 19 (CNS) – Following are a few highlights in the Canadian and world…
– Feed grain bids in Western Canada are showing some seasonal strength, with spring road bans, soft yard conditions, a slow-down in farmer selling, and solid demand all said to be providing some support.
– Ukrainian barley exports are running slightly behind the year ago pace, according to a report from blackseagrain.net. The country has exported 3.96 million tonnes of barley during the July to February period, which compares with 4.03 million during the same timeframe the previous year.
– Feed barley bids in the key cattle feeding area of Lethbridge, Alberta were in the C$210 to C$217 per tonne area as of March 25, which was up by about five dollars per tonne over the week, according to provincial reports. Feed wheat prices were in the C$230 to C$238 range, which was up by three dollars on the top end.
