By Commodity News Service Canada
WINNIPEG, March 1 (CNS Canada) – Following are a few highlights in the Canadian and world feed grains markets on Tuesday, March 1.
– CBOT corn futures were weaker on Tuesday, with the May contract down 1.25 cents at US$3.5575 per bushel.
– The US Energy Information Administration (EIA) reported that annual ethanol production in the country hit a record 14.81 billion gallons in 2015. Corn is the primary feedstock in US ethanol production.
– ANZ, the Australia and New Zealand Banking Group, released a report on grains predicting a rising demand for feed grain over the next 15 years. According to the Grains Muster report, ANZ believes that rising demand for animal protein in Asia will increase the need for Australian feed grain by one million tonnes.
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By Commodity News Service Canada Winnipeg, Jan. 19 (CNS) – Following are a few highlights in the Canadian and world…
– The South Africa Weather Service expects weather in the country to remain warmer and drier than normal through the next four months. Drought conditions in the country have seriously cut into domestic corn production, forcing a sizeable increase in imports.
– Feed barley bids in the key cattle feeding area of Lethbridge, Alberta were in the C$210 to C$214 per tonne area as of February 26, which was up by one to five dollars compared to the previous week, according to provincial reports. Feed wheat prices were in the C$225 to C$235 range, which was down by three to five dollars.
