By Dave Sims, Commodity News Service Canada
WINNIPEG, September 13 (CNS Canada) – Following are a few highlights in the Canadian and world feed grains markets on Tuesday, September 13.
– CBOT corn futures dropped eight to nine cents per bushel lower on Tuesday, weighed down by strength in the US dollar and the lingering effects of a bearish USDA production report that was released on Monday.
– According to the latest crop report from the Manitoba government, grain corn in the province is maturing quickly. The silage corn harvest is underway although wet weather is hampering the work.
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By Commodity News Service Canada Winnipeg, Jan. 19 (CNS) – Following are a few highlights in the Canadian and world…
– Steady rains across Illinois this summer have reportedly brought some cases of ear rot and stalk rot to fields, according to a report by the Jacksonville Journal Courier. Despite the disease pressures, most analysts agree yields should still be well above average.
– The latest crop report from the Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES) predicts that winter crop production will increase in all of the country’s states. The agency pegs the total winter crop at 46.1 million tonnes, which would be a 16 percent rise over last year. Of that total wheat is pegged at 28.1 million tonnes, which is the largest in five years. Heavy rains have helped generate the bullish outlook, however one government official told the newspaper The Land that he worries yields could be affected.
– Feed barley bids in the key cattle feeding area of Lethbridge, Alberta were in the C$162-$170 per tonne range as of September 9, which was C$4 lower than the week before, according to provincial reports. Feed wheat prices were in the C$184.50 to C$195.00 range which was down roughly C$10 from the previous week.
