By Commodity News Service Canada
WINNIPEG, June 26 (CNS Canada) – Average trade estimates are calling for a slight downward revision in Canadian barley seedings in 2017 compared to the previous year, with Statistics Canada’s field crop area report on June 29 expected to shed some light on the extent of the decline.
Barley area is forecast at about 5.8 million to 6.4 million acres, which would compare with the 6.4 million seeded in 2016.
More attention will be on Canadian wheat area, as problems facing the US spring wheat crop heighten the importance of the Canadian crop.
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By Commodity News Service Canada Winnipeg, Jan. 19 (CNS) – Following are a few highlights in the Canadian and world…
Corn futures at the Chicago Board of Trade were up by one to two cents per bushel on Monday, as forecasts calling for hotter and drier weather in parts of the Midwest had traders back on the buy side.
Weekly US crop condition ratings, released by the USDA after the close, were left unchanged for corn, with 67 per cent of the US crop still in the good-to-excellent category.
Feed barley bids in the key cattle feeding area of Lethbridge, Alberta were in the C$177 to C$181 per tonne range as of June 23, which was down by about two dollars per bushel on the top end compared to the previous week, according to the latest pricing information from the provincial government. Top end feed wheat prices were steady at C$192 to C$198 per tonne in Lethbridge.
