By Commodity News Service Canada
WINNIPEG, July 20 (CNS Canada) – Following are a few highlights in the Canadian and world feed grains markets on Wednesday, July 20.
– CBOT corn futures finished four cents per bushel lower Wednesday. Prices were pressured by favourable weather forecasts and some mild profit-taking.
– Brazilian agency Conab hiked its forecast for the wheat crop in Brazil to 6.28 million tonnes in 2016/17 which is 6.8 per cent higher than the previous estimate.
– UKAgroConsult has pegged the wheat harvest in Ukraine at 24 million tonnes and the wheat harvest in Russia at 66 million tonnes.
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…
– According to the Industrial Goods Information Service, the dry bulk market freight rate for grain has increased in recent weeks by US$1-$2 per tonne.
– Over 50 per cent of South Dakota’s winter wheat crop is in the bin, according to the USDA.
– Feed barley bids in the key cattle feeding area of Lethbridge, Alberta were in the C$194-$205 per tonne range as of July 15, which was C$7-$8 lower than the week before, according to provincial reports. Feed wheat prices were in the C$215 to C$225 range which was C$10-$15 from the previous week.
