By Commodity News Service Canada WINNIPEG, Jan. 31 (CNS Canada) – Total world feed grain production in 2016 hit one billion tonnes for the first time ever, according to the recently released Alltech Global Feed Survey. China intends to invest roughly US$88 billion over the next three years to improve its farmland and increase grain […] Read more
Feed Grains: World feed production hits 1 billion tonnes
Feed Grains: Smaller Canadian barley crop forecast for 2017
By Commodity News Service Canada WINNIPEG, Jan. 30 (CNS Canada) – Canadian farmers will grow less barley in 2017/18, according to the first new crop production estimates from Agriculture and Agri-Food Canada Total barley seedings are forecast at 2.500 million hectares, which would be down only slightly from the 2.586 million seeded in 2016. However, […] Read more
Feed Grains: Trump’s trade policies worry US livestock growers
By Commodity News Service Canada WINNIPEG, Jan. 27 (CNS Canada) – Some beef producers in the US are worried that Donald Trump’s new trade policies could have a negative effect on their industry. In a statement, the National Cattlemen’s Association said that US beef sales to Mexico had increased dramatically since the implementation of the […] Read more
Feed Grains: Prairie feed volumes weigh on prices
By Commodity News Service Canada WINNIPEG, Jan. 26 (CNS Canada) – Demand for Canadian wheat was slightly lower during the past month as harvest activity ramps up in South America, according to the latest data from G3 Canada. Advances in the value of the Canadian dollar and late harvest activity in Australia contributed to the […] Read more
Feed Grains: Russia looks to send more wheat to Mexico
By Commodity News Service Canada WINNIPEG, Jan. 25 (CNS Canada) – CORN futures in Chicago ended three cents per bushel higher on Wednesday, on signs of demand for US supplies. South Africa has accepted a 1.3 million tonne shipment of GMO corn from the US. Feed wheat bids in Saskatchewan fell 60 cents overnight. According […] Read more
Feed grains: Corn futures decline
By Commodity News Service Canada Winnipeg, January 24 (CNS Canada) – Corn futures at the Chicago Board of Trade closed lower on Tuesday, declining after hitting a key technical level. Spot prices for feed barley prices are sitting around C$2.37 to C$3.59 per bushel, according to data from Prairie Ag Hotwire. Feed wheat bids in […] Read more
Feed grains: Cattle futures lower in pre-report positioning
By Commodity News Service Canada Winnipeg, January 23 (CNS Canada) – Chicago Mercantile Exchange live cattle futures declined on Monday, in positioning ahead of the United States Department of Agriculture Cold Storage report, which is due out on Tuesday. The report gives indications about the stocks of meat and poultry, alongside other commodities. Corn futures […] Read more
Feed Grains: Snow cover aids Russian grain crops
By Commodity News Service Canada WINNIPEG, Jan. 20 (CNS Canada) – Winter cereal crops in Russia, Ukraine, and Eastern Europe remain in relatively good shape, despite recent cold temperatures, as snow cover was sufficient for the most part, according to reports. Corn futures at the Chicago Board of Trade posted small gains on Friday, as […] Read more
Feed Grains: Larger EU grain crops forecast
By Commodity News Service Canada WINNIPEG, Jan. 19 (CNS Canada) – France’s Strategie Grains lowered its forecast on the size of the European Union 2017 soft wheat crop by 1.2 million tonnes, citing severe cold in eastern regions. However, at 143.8 million tonnes the production would still be above the 135.9 million tonnes grown the […] Read more
Feed Grains: Indonesia backing away from feed market
By Commodity News Service Canada WINNIPEG, Jan. 18 (CNS Canada) – Indonesian corn production is up considerably on the year, which may limit the country’s feed grain imports in 2017. After importing 2 million tonnes of feed wheat and 840,000 tonnes of corn in 2016, the Indonesian Feed Association expects that the country’s feed imports […] Read more