By Commodity News Service Canada
July 26(CNS Canada) – Scattered showers and warm weather have enabled farmers to get fieldwork done last week in many parts of the U.S., said the United States Department of Agriculture. The USDA recently lowered the U.S. corn crop condition rating to 62 per cent good or excellent, close to forecasts. Corn export sales expected to be announced Thursday, should be between 400,000 tonnes and 900,000 tonnes, almost unchanged for old crop but slightly higher to unchanged for new crop. The corn harvest is expected to begin in the southern U.S. this week.
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By Commodity News Service Canada Winnipeg, Jan. 19 (CNS) – Following are a few highlights in the Canadian and world…
Chicago Board of Trade corn rose today, which was credited to traders seeking bargain buys. Rain forecast for later this week in key growing areas limited gains,
September corn finished the day at US$3.72.75, up 3.75 cents U.S. The December contract ended the day at US$3.86.00, an increase of 3.6 cents U.S. and the March 2018 contract ended trading at UD$3.97.6, up 4.25 cents U.S.
Japan received no offers in its call for 120,000 tonnes of feed wheat and 200,000 tonnes of barley in a tender that is usually posted each week.
Japan was using the simultaneous buy and sell (SBS) auction system where end-users and importers post specific conditions and price offered for the grain they seek.
Organic feed barley bids at locations across Western Canada were mostly around C$7 today.
