Feed Grains: Alberta’s feed grain market overcrowded

By Commodity News Service Canada

WINNIPEG, August 31 (CNS Canada) – Following are a few highlights in the Canadian and world feed grains markets on Wednesday, August 31.

– Prices in Alberta’s feed grain market are being driven lower by sellers overcrowding the market, according to reports.

– Some producers in New Mexico have started seeding for winter wheat, according to reports. However, some of the drier counties in the state are expecting a later start this year due to less than adequate soil moisture.

– Ukrainian barley was among one of the exports that has been banned in China due to the detection of nematodes, according to reports.

– The European Commission slashed its forecasts for European Union wheat exports as harvest ideas slip lower, according to reports. The forecast was cut from 144.5 million tonnes of total usable wheat to 142 million tonnes.

– Feed barley and feed wheat top prices rose in Saskatchewan on Wednesday, according to Prairie Ag Hotwire. Feed barley went up four cents to C$2.75 per bushel, while feed wheat went up two cents to C$4.98 per bushel.

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