By Commodity News Service Canada
WINNIPEG, Feb. 2 (CNS Canada) – Following are a few highlights in the Canadian and world feed grains markets on Tuesday, February 2.
– CBOT corn futures were stronger on Tuesday, with the March contract up 1.25 cents at US$3.7250 per bushel.
– US ethanol producers used 444.5 million bushels of corn for ethanol production in December, according to a USDA report. That was up 2 per cent from the previous month, but down by 3 per cent from the same month the previous year.
Read Also
Durum, red spring wheat heading to prairie feed market
By Glen Hallick, Commodity News Service Canada WINNIPEG, Nov. 22 (CNS Canada) – Over the last few weeks there has…
– Argentina produced a record amount of ethanol in 2015, according to a report from the Argentinian Association of Biofuels and Hydrogen. The 815 million litres produced were up by 23 per cent from the previous year, with corn-based ethanol accounting for 479 million litres of the total. Some analysts predict that the country will produce over a billion litres of ethanol in 2016.
– Feed barley bids in the key cattle feeding area of Lethbridge, Alberta were in the C$209 to C$215 per tonne area as of January 29, which was unchanged compared to the previous week, according to provincial reports. Feed wheat prices were in the C$222 to C$230 range, which were down slightly from the previous week.
