By Commodity News Service Canada
WINNIPEG, October 17 (CNS Canada) – Following are a few highlights in the Canadian and world feed grains markets on Monday, October 17.
– CBOT corn futures ended narrowly mixed on Monday as spillover gains from soybeans helped offset steady farmer selling.
– Snow has flattened grain crops in Alberta. According to the province’s weekly agriculture report about 19 percent of the spring wheat remains to be harvested while another seven percent is lying in the swath. Crop watchers say it will be a while before combines can get back on many fields.
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By Commodity News Service Canada Winnipeg, Jan. 19 (CNS) – Following are a few highlights in the Canadian and world…
– Officials with the Midwest Regional Climate Centre say about half of the US corn belt has already experienced its first freeze (32 degrees Fahrenheit).
– North Dakota appears set for a record corn harvest. The USDA pegs the state’s production at 445 million bushels. That is up 36 percent from 2015. On the flip side, alfalfa hay is forecast to be down by 12 percent.
– A report on grainboard.ru says Russia is working to expand exports of corn and barley to Indonesia. The two countries are scheduled to discuss the issue at a trade meeting on October 31 in Jakarta, Indonesia.
– Feed barley bids in the key cattle feeding area of
range as of October 17, which were roughly C$5-10 higher than the previous week. Feed wheat prices were in the C$180 to C$190 range, which was also about C$5-10 higher than the previous week.
