By Dave Sims, Commodity News Service Canada
WINNIPEG, September 14 (CNS Canada) – Following are a few highlights in the Canadian and world feed grains markets on Wednesday, September 14.
– CBOT corn futures finished one to two cents per bushel higher on Wednesday, due to harvest delays caused by rain in the Midwest, and investor short-covering.
– 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…
– The bearish effects of the latest World Agricultural Supply and Demand Estimates appear to have worn off. Most grain markets stuck to a trading range of 10 cents or less on Wednesday despite a mixed scenario in the US wheat complex.
– The corn market could see an upswing due to bullish ethanol data, according to various reports. According to the US Energy Information Administration Production is over 45,000 barrels higher than last year (as of September 14). Margins have also risen into the 30 US cent range.
– 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.
