By Commodity News Service Canada
Winnipeg – Following are a few highlights in the Canadian and world feed grains markets on Tuesday, February 7.
Prices for feed wheat in Saskatchewan are weakening, according to the latest information from the Prairie Ag Hotwire. Bids lost 10 cents to fall to a range of C$4.00-$4.80 per bushel.
On the other side, oat prices rose in Saskatchewan and Alberta. Bids in Saskatchewan improved by seven cents per bushel to C$2.67-$2.84 per bushel, while in Alberta prices jumped 15 cents to a range of C$2.31-$3.40 per bushel.
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By Commodity News Service Canada Winnipeg, Jan. 19 (CNS) – Following are a few highlights in the Canadian and world…
Indian wheat imports are on the rise according to government data. Imports for 2016/17 are expected to hit 4.5 million tonnes as the country tries to lower costs domestically. According to a report in the Hellenic Shipping News, imports of wheat in the 2016/17 marketing year have already reached 2.9 million tonnes.
Feed barley bids in the key cattle feeding area of
Lethbridge, Alberta were in the C$158 to C$168 per tonne range
as of February 3, which were about two dollars weaker compared to the previous week, according to the latest pricing information from the provincial government. Feed wheat prices were also a few dollars lower, coming in at C$175 to C$185 per tonne in Lethbridge.
Corn futures at the Chicago Board of Trade were four to four cents stronger on Tuesday, due to technical trading. There are ideas that corn ending stocks in Thursday’s USDA report could be lower than originally anticipated, which would be bullish.
