By Dave Sims, Commodity News Service Canada
WINNIPEG, September 15 (CNS Canada) – Following are a few highlights in the Canadian and world feed grains markets on Thursday, September 15.
– CBOT corn futures finished one to three cents per bushel lower on Thursday, as fresh forecasts are calling for corn stockpiles in the US to soar to 29-year highs. Yields, although hampered by wet weather, are still expected to be high.
– According to the latest crop report from the Saskatchewan government, 42 percent of the province’s barley crop (includes three percent) had been combined.
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By Commodity News Service Canada Winnipeg, Jan. 19 (CNS) – Following are a few highlights in the Canadian and world…
– A report from mysteinbach.com says Winter Cereals Canada is hoping farmers will be allowed to plant cereal crops past the September 15 crop insurance deadline. Wet weather has delayed combining in Saskatchewan and Manitoba. As a result, less stubble is available for cereal crops making sowing that much more difficult. The group’s president, Jake Davidson, indicates his group is working on an extension.
– Wheat acreage in Texas could plunge by 20 percent, according to a report by the Southwest Farm Press.
– A report by FranceAgriMer pegged the country’s wheat exports at 11.91 million tonnes. That is the lowest number in 10 years and a drop of 43 percent from last year.
– 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.
