By Commodity News Service Canada
WINNIPEG, May 1 (CNS Canada) – Snow and cold temperatures hit some key US winter wheat growing regions over the weekend, causing damage to crops as they start to head.
Up to a foot of snow was reported in parts of Kansas and Oklahoma. Meanwhile, cold temperatures in the northern spring wheat growing regions of the country were delaying seedings.
Chicago Board of Trade corn futures were stronger on Monday, as persistent concerns over seeding delays across the US Midwest provided support. Wheat futures in the US posted even larger gains, as the snow raised concerns over production losses.
Feed barley bids in the key cattle feeding area of Lethbridge, Alberta were in the C$149 to C$157 per tonne range as of April 28, which were down slightly compared to the previous week, according to the latest pricing information from the provincial government. Top end feed wheat prices were up slightly, at C$180 to C$190 per tonne in Lethbridge.
