By Commodity News Service Canada
WINNIPEG, Aug. 25 (CNS Canada) – Following are a few highlights in the Canadian and world feed grains markets on Thursday, August 25.
– CBOT corn futures were down on Thursday, with the great US crop prospects behind much of the selling pressure. The December contract was down 4.25 cents at US$3.32 per bushel.
– The International Grains Council pegged total world wheat and coarse grains production in 2016/17 at a record 2.5 billion tonnes in a report out August 25. Of the total, wheat was pegged at 743 million tonnes, which was up from both the previous estimate and the year-ago level. World corn production in the year is forecast at 1.03 billion tonnes, which would be up by 6 per cent from the previous year.
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By Commodity News Service Canada Winnipeg, Jan. 19 (CNS) – Following are a few highlights in the Canadian and world…
– Canada may have grown a large spring wheat crop this year, but anecdotal reports are pointing to quality concerns with wet weather during the growing season reportedly creating disease pressure.
– Corn crops in France, that were hurt by wet weather at seeding time, are now dealing with hot and dry conditions which will likely cut into yields, according to reports out of the country.
– Feed barley bids in the key cattle feeding area of Lethbridge, Alberta were in the C$170 to C$175 per tonne range as of August 19, according to the weekly review from the provincial agriculture department. Top end prices were down by as much as C$15 on the week. Feed wheat prices were in the C$184 to C$192 per tonne range, which were also down considerably from the previous week.
