Feed Grains: Manitoba forage crops looking good for 2018

By Commodity News Service Canada

Winnipeg – Following are a few highlights in the Canadian and world feed grains markets on Friday, October 6.
Autumn rains could tell the tale on whether forage crops in Manitoba will be decent. Dave Koslowsky, chair of the
Manitoba Forage and Grassland Association, said while many producers in the province had good crops some didn’t get a second cut in certain places. However, the province did much better overall than most of Saskatchewan and the northern U.S. Some Manitoba forage farmers have even found customers in Minnesota dairy markets.

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By Commodity News Service Canada Winnipeg, Jan. 19 (CNS) – Following are a few highlights in the Canadian and world…

Russia is not planning to impose export duties on wheat, according to the country’s deputy Prime Minister. It was just two years ago an export duty was slapped on wheat after energy prices fell and the Russia ruble weakened in value. However, in a statement, Arkady Dvorkovich said such a move would only be made as a last resort in a “critical” situation.
Feed wheat bids in the key cattle feeding area of
Lethbridge, Alberta were in the C$212 to C$225 per tonne range
as of September 29, which was up four dollars at the low end,
compared to the previous week, according to the latest pricing
information from the provincial government. Feed barley prices
were somewhat mixed, relative to the previous week. Bids ranged from C$200 to C$210 per tonne in Lethbridge. That compares to C$190 to C$205 the previous week.
Prices for feed barley in Saskatchewan were hanging fell 15 cents last week and are now going for C$3.15 to C$3.30 per bushel, according to the latest information from the Prairie Ag Hotwire.
Prices for feed wheat in Saskatchewan also declined last week, losing 40 cents. Bids are now C$3.90 to C$4.80 per bushel.
Corn futures on the Chicago Board of Trade finished around half a cent higher on Friday in technical trading. Wet weather is expected to hamper harvest efforts in parts of the US Corn Belt over the weekend. At the same time, yields have been fairly solid so far, which is causing prices to chop around in directionless trade.