By Commodity News Service Canada
WINNIPEG, June 1 (CNS Canada) – Cereal production in the European Union will be lower than earlier thought, with the largest revision in barley due to drought conditions in Spain, according to updated estimates from the European Commission.
Total EU barley production for 2017/18 is now forecast at 59.6 million tonnes, which compares with an earlier forecast of 62.4 million tonnes and the year-ago level of 59.6 million.
Corn and wheat production were also revised lower, to 64.2 million tonnes and 141.3 million tonnes respectively. However, those two crops are still forecast to end up above the 2016/17 levels.
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By Commodity News Service Canada Winnipeg, Jan. 19 (CNS) – Following are a few highlights in the Canadian and world…
Chicago Board of Trade corn futures were lower on Thursday, as improving Midwestern crop conditions and a move by China to sell-off more of its state reserves weighed on prices.
Feed barley bids in the key cattle feeding area of Lethbridge, Alberta were in the C$176 to C$183 per tonne range as of May 26, which was an improvement of about three dollars a bushel on the top end compared to the previous week, according to the latest pricing information from the provincial government. Top end feed wheat prices were down slightly, at C$195 to C$196 per tonne in Lethbridge.
