By Commodity News Service Canada
WINNIPEG, April 26 (CNS Canada) – Following are a few highlights in the Canadian and world feed grains markets on Tuesday, April 26.
– CBOT corn futures were stronger on Tuesday, as weather concerns in Brazil, solid export demand, and fund buying all provided support. The July contract was up 5.50 cents at US$3.8725 per bushel.
– The US corn crop was 30% seeded as of April 24, according to the weekly USDA report. The planting pace came in above trade expectations and was roughly double the level seen at the same point in 2015.
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By Commodity News Service Canada Winnipeg, Jan. 19 (CNS) – Following are a few highlights in the Canadian and world…
– South Africa’s corn crop continues to be decimated by drought, with the country’s Crop Estimates Committee lowering their estimate for the third time this year. The committee is now forecasting a 7.05 million tonne crop, which would be down by nearly three million tonnes from the previous year, and the smallest crop in a decade.
– Ukraine exported 2.43 million tonnes of corn in March 2016, according to a report from UkrAgroConsult. The exports were up by 32% compared to the same month the previous year. Total corn exports during the October-March crop-year-to-date were begged at 12.04 million tonnes, which was up from 11.97 million during the first six months of the previous crop year.
– Feed barley bids in the key cattle feeding area of Lethbridge, Alberta were in the C$208 to C$218 per tonne area as of April 22 which was up at the top end but also down at the low end, according to provincial reports. Feed wheat prices were in the C$235 to C$240 range, which was relatively steady.
