By Commodity News Service Canada
WINNIPEG, Apr. 6 (CNS Canada) – Following are a few highlights in the Canadian and world feed grains markets on Wednesday, April 6.
– CBOT corn futures finished roughly one cent higher on Wednesday, with the May contract at US$3.5800 per bushel. Prices were supported by speculation some US farmers may switch intended corn plantings to soybeans instead.
– Sorghum plantings in the US are ahead of last year’s pace, according to the latest USDA crop report. Sorghum was 13 percent planted for the week ended April 3, which compares to just 8 percent planted last year.
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By Commodity News Service Canada Winnipeg, Jan. 19 (CNS) – Following are a few highlights in the Canadian and world…
– Leaf rust has been detected in some Nebraska wheat fields, according to researchers from The University of Nebraska. The fields were located in the south central areas of the state.
– Morocco is expected to dramatically increase its wheat imports due to drought-pressure. The USDA’s Moroccan bureau reports pegged the country’s 2016/17 wheat harvest at 3.7 million tonnes, which is 54% than last year. Initial guesses place the needed imports at around 4 million tonnes.
– Japan is on the hunt for approximately 50,000 tonnes of feed wheat and feed barley.
– A researcher from the University of Arizona says the alfalfa crop in California is slowly being reduced by newer specialty crops. In an interview with the Western Farm Press, Mike Ottman says alfalfa acreage is currently about 825,000 to 850,000 acres, a significantly smaller figure from five years ago when it was closer to 1.1 million. He blames the decline partially on the influx of specialty crops like almonds, pistachios and walnuts.
– Feed barley bids in the key cattle feeding area of Lethbridge, Alberta were in the C$207 to C$215 per tonne range as of April 1, which was slightly higher compared to the previous week, according to provincial reports. Feed wheat prices were in the C$231 to C$240 range, which were C$3 to $5 higher than the previous report.
