By Commodity News Service Canada
WINNIPEG, Aug. 1 (CNS Canada) – Corn futures at the Chicago Board of Trade fell today, partially due to spillover from soybean’s decline and forecasts for showers and cooler temperatures in the U.S. Corn Belt. The announced sale of 100,000 tonnes to Colombia may also have supported price. On Monday, the USDA reported about 61 per cent of the corn crop was in good to excellent condition. Prices for the September contract were down 8.25 cents U.S. at US$3.62.5 per bushel, December declined 8.25 cents U.S. at US$3.76.5/bu. and March contracts sold for US$3.88.5/bu., 7.75 cents U.S. lower.
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Feed Grains: Iowa Corn Growers President urges U.S. not to leave NAFTA
By Commodity News Service Canada Winnipeg, Jan. 19 (CNS) – Following are a few highlights in the Canadian and world…
Australia’s Grain Growers Limited, a farmer lobby group is issuing calls for better access to feed grain markets in Indonesia.
In submissions to the Indonesia-Australia Comprehensive Economic Partnership Agreement, Grain Growers economics manager Luke Mathews said the trade restriction was unfairly shutting Australian farmers out of a neighbouring market.
Grain Growers estimated Indonesia needs two to three million tonnes of feed grain per year. Indonesia restricted in 2015 imports of feed wheat, barley and corn to support local production.
Feed barley bids posed on Prairie Ag Hotwire showed offers for barley delivered in Saskatchewan at C$2.95 per bushel to C$3.15/bu. Bids in Manitoba ranged from C$3.15 to C$3.25 and bids in Alberta ranged from C$3.15 to C$4.18.
Feed wheat ranged from C$3.15/bu. to C$5.15 in Saskatchewan and C$3.86 to C$6.40 in Alberta.
