Feed Grains: Egypt reinstates zero tolerance ergot ban

By Commodity News Service Canada

WINNIPEG, August 30 (CNS Canada) – Following are a few highlights in the Canadian and world feed grains markets on Tuesday, August 30.

– Egypt reinstated its zero tolerance ban on ergot in wheat after lifting it about a month ago, according a Reuters report. Suppliers and traders alike were shocked by the decision to reinstate the ban, and that it will be applied retroactively. Officials gave no reason for the decision.

– Harvest continues in Manitoba, with spring wheat yields in Manitoba ranging from 30 to 90 bushels per acre, and barley yields ranging from 60 to 100 bushels per acre, according to the province’s weekly crop report.

– Four seasons of record crops, plus low prices, are causing storage problems in Kansas, according to reports. Despite growth in storage capacity, almost every elevator, bin and farm granary is full, forcing the state’s grain facilities to build mountainous ground piles at many locations.

– Feed barley top prices in Manitoba rose 15 cents to C$2.75 per bushel while Alberta prices dropped 11 cents to C$3.59 per bushel, according to Prairie Ag Hotwire.

– Feed wheat top prices in Western Canada dropped five to eight Canadian cents per bushel, according to Prairie Ag Hotwire.

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