By Commodity News Service Canada
WINNIPEG, August 2 (CNS Canada) – Following are a few highlights in the Canadian and world feed grains markets on Tuesday, August 2.
– CBOT corn futures ended narrowly mixed on Tuesday, as the current hot temperatures in the US Midwest were expected to give way to cooler temperatures and scattered showers. The December contract was down 0.25 cents at US$3.3400 per bushel.
– Small grain crops in the southwest portion of North Dakota look above-average. According to a report in the Dickinson Press, some spring wheat fields are between 35 to 45 bushels an acre.
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By Commodity News Service Canada Winnipeg, Jan. 19 (CNS) – Following are a few highlights in the Canadian and world…
– Continued rain in Argentina has cut into acreage forecasts. The International Grains Council has slashed its prediction for the country’s grain crop. It says wheat seedings will likely be around 5 million hectares, which is about 200,000 less than its original forecast.
– Winter barley yields in the United Kingdom are coming in slightly lower than expected, according to Farminguk.com.
– This year’s excess rainfall in France has left farmers in the country with the least amount of wheat area to harvest in 28 years, according to brokerage house Offre & Demande Agricole.
– Iran has announced plans to ship out surplus wheat, in a surprise move.
– Feed barley bids in the key cattle feeding area of Lethbridge, Alberta were in the C$185-$195 per tonne range as of July 29, which was C$5 lower than the week before, according to provincial reports. Feed wheat prices were in the C$200 to C$210 range which was up C$8-$10 from the previous week.
