By Commodity News Service Canada
Winnipeg – Following are a few highlights in the Canadian and world feed grains markets on Wednesday, Nov. 29.
Prices for feed barley in Saskatchewan are holding steady, according to the latest information from the Prairie Ag Hotwire. Bids are listed as C$3.39 to C$3.75 per bushel.
Oat prices in Alberta rose eight cents last week and are currently priced at C$2.38 to C$2.80 per bushel.
Feed barley bids in the key cattle feeding area of
Lethbridge, Alta. were in the C$215 to C$221 per tonne range
Read Also
Feed Grains: Iowa Corn Growers President urges U.S. not to leave NAFTA
By Commodity News Service Canada Winnipeg, Jan. 19 (CNS) – Following are a few highlights in the Canadian and world…
the previous week, according to the latest pricing information
from the provincial government. Feed wheat prices came in at
C$220 to C$225 per tonne in Lethbridge, which were four to five dollars higher than the previous week.
Corn futures at the Chicago Board of Trade rose three cents on Wednesday. Technical buying was a key feature of the day. United States exporters sold over 100,000 tonnes of corn to unknown destinations. Traders are now keenly waiting for tomorrow’s USDA export sales report.
Corn prices in North Dakota fell two cents during the past week and are going for C$3.09 to C$3.59 a bushel.
The Pacific Northwest is becoming a wheat hotspot in the U.S., according to a report by The Capital Press. Data from the USDA shows that wheat acreage hit 4.1 million acres in 2016. Hay was the second largest crop at 3.3 million acres.
Russian grain exports could hit 46 million tonnes in 2017/18, according to a report on grainboard.ru. So far, about 22 million tonnes have been shipped out which is 26 percent ahead of last year. In 2016/17, Russian grain exports were 35.5 million tonnes, which was a record. Egypt, Turkey and Nigeria are the three of the country’s biggest customers.
