By Commodity News Service Canada
WINNIPEG, Feb. 12 (CNS Canada) – Following are a few
highlights in the Canadian and world feed grains markets on
Friday, February 12.
– CBOT corn futures were slightly weaker on Friday, the March contract was down a cent at US$3.5875 per bushel. Traders took profits ahead of the long weekend which pressured prices. On the positive side, gains in crude oil lent support to corn futures.
– Corn production in South Africa in 2015/16 could be lower by 1 million tonnes, according to the latest forecast by the USDA.
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By Glen Hallick, Commodity News Service Canada WINNIPEG, Nov. 22 (CNS Canada) – Over the last few weeks there has…
– According to report by a USDA attache, China’s inability to spell out how it plans to reduce its large grain stockpile means it will likely just get bigger in 2015/16. That in turn, is expected to curb grain imports.
– Grain Growers Limited is calling on Australia’s government to ratify the recently signed Trans-Pacific Partnership deal. The company says important trade gains into Japan are included in the document.
– Feed barley bids in the key cattle feeding area of
Lethbridge, Alberta were in the C$208 to C$212 per tonne
area as of February 5, which was C$1-$3 lower compared to the
previous week. Feed wheat prices were in the C$220 to C$232 range, which were roughly the same as the previous week.
