By Commodity News Service Canada
WINNIPEG, Aug. 15 (CNS Canada) – Feed shortages in Alberta are starting to force some calves to market earlier as dry conditions through southern Alberta and Saskatchewan have some ranchers thinning herds. Drought in North Dakota and Montana are expected to further tighten feed supplies.
Elevator bids in Alberta for the week ending Aug. 11 were as follows, based on data from Alberta Agriculture (Cdn$/tonne):
– Feed wheat delivered central Alberta: 156.45 (previous week, 159.23)
– Feed oats, delivered central Alberta: 155.51 (155.51)
– Feed barley, delivered central Alberta: 158.76 (160.53)
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By Commodity News Service Canada Winnipeg, Jan. 19 (CNS) – Following are a few highlights in the Canadian and world…
Russian barley exports for 2016-17 came in at the lowest levels in three years with three million tonnes exported for the year, 30 per cent less than the 4.25 million tonnes exported in 2015-16. Russian barley exports to Saudi Arabia were especially hard hit, declining to 1.23 million tonnes, 48 per cent less than the previous year, said UkrAgroConsult, a market analysis firm. However, large carryover stocks allowed Russia to set a record fast start to the 2017-18 marketing year, UkrAgroConsult said.
Corn futures at the Chicago Board of Trade fell 7.5 cents U.S. today for the September contract to US$3.55.25 per bushel on 97,063 contracts traded. December fell 7.75 cents U.S. to US$3.68.5 per bu. and the March contract fell 8 cents U.S. to US$3.80.25 bu. Corn futures have fallen sharply since the United States Department of Agriculture released its stocks report that predicted 14.2 billion bushels of production this year. If true, it would be the third largest corn crop in U.S. history. Corn futures are at their lowest levels since September 2016.
