Feed Grains: US corn fall harvest expects 14.5 Billion bushels

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Published: July 13, 2016

By Commodity News Service Canada

WINNIPEG, July 13 (CNS Canada) – Following are a few highlights in the Canadian and world feed grains markets on Wednesday, July 13.

– More acres of corn than previously estimated were planted in the US, prompting the USDA to boost fall harvest expectations. Farmers are expecting to bring in 14.5 billion bushels of corn, which would break 2014’s record of 14.2 billion bushels.

– Demand for malt barley is on the rise in China, and Australian barley growers think it could also increase demand for lower quality feed barley, according to reports.

– Russian wheat aphid is spreading across Australia, attacking all cereal crops including wheat, barley, oats and rice by injecting toxins into the plant, affecting growth, according to reports.

– Feed Barley in western Canada remained steady with top prices of C$3.40 to C$4.46 per bushel, according to Prairie Ag Hotwire. Feed Wheat also remained steady with top prices ranging from C$4.50 to C$6.26 per bushel.

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