By Commodity News Service Canada WINNIPEG, Dec. 19 (CNS Canada) – CORN futures on the Chicago Board of Trade fell three per bushel on Monday, as traders took profits. Strength in the US dollar was another factor weighing on the market. Feed wheat in Manitoba is down a penny on the week, according to the […] Read more
Feed Grains: Feed wheat, oat prices weaken in Manitoba
Pulses: More countries begin selling chickpeas to India
By Dave Sims, Commodity News Service Canada Winnipeg, December 16 – Laird #1 lentils in Manitoba gained two cents over the past week. They are currently going for 61 to 68 cents per pound, according to the Prairie Ag Hotwire. Eston #1 lentils are up three cents during the same time-frame, they are going for […] Read more
Feed Grains: European barley exports down on year
By Commodity News Service Canada WINNIPEG, Dec. 16 (CNS Canada) – European barley exports are running well behind the year ago pace, with the 1.88 million tonnes exported to date about 65 per cent off the 2015/16 pace, according to reports. Soft wheat exports, at 11.13 million tonnes as of December 13 were up slightly […] Read more
Feed Grains: Chinese grain production edges down in 2016
By Commodity News Service Canada WINNIPEG, Dec. 15 (CNS Canada) – Official Chinese production data released today showed a slight drop in total grain production on the year. Overall grain production in the country for 2016 was pegged at 616 million tonnes, which was down by 5.2 million from the previous year. Russia is looking […] Read more
Feed Grains: US interest rate hike watched
By Commodity News Service Canada WINNIPEG, Dec. 14 (CNS Canada) – The US Federal Reserve raised its key overnight interest rate to 0.75 per cent on Wednesday, as had been widely anticipated. Expectations for further rate increases in 2017 could come to play in the world feed grains markets through their impact on the US […] Read more
Feed Grains: Russian barley exports moving slow
By Commodity News Service Canada WINNIPEG, Dec. 13 (CNS Canada) – Barley exports out of Russia are running well behind the year-ago pace, according to a report from UkrAgroConsult. The country has exported about 1.7 million tonnes of barley during the first five months of the 2016/17 marketing year, which was the slowest pace in […] Read more
Feed Grains: US meat production rising
By Commodity News Service Canada WINNIPEG, Dec. 12 (CNS Canada) – Canadian farmers have delivered 889,700 tonnes of barley into the commercial pipeline as of December 4, which is up slightly from the year-ago pace, according to Canadian Grain Commission data. In other feed grain related news, the USDA recently raised its projections for beef […] Read more
Feed Grains: Chinese livestock farmers turn away from corn
By Commodity News Service Canada WINNIPEG, Dec. 9 (CNS Canada) – CORN futures on the Chicago Board of Trade climbed five to six cents higher on Friday, as the USDA left its estimate for US production in 2016/17 unchanged at 386.75 million metric tonne. Feed wheat in Manitoba is up five cents on the week, […] Read more
Feed Grains: Arctic cold descends on US winter wheat
By Commodity News Service Canada WINNIPEG, Dec. 8 (CNS Canada) – CORN futures on the Chicago Board of Trade fell three to four cents per bushel lower on Thursday, as speculation grew the USDA would hike its estimate for US corn stockpiles in its Friday supply and demand report. Spillover losses in soybeans contributed to […] Read more
Feed Grains: Prairie oat bids continue to bounce around
By Commodity News Service Canada WINNIPEG, Dec. 7 (CNS Canada) – CORN futures on the Chicago Board of Trade suffered modest losses on Wednesday, due to strength in the US dollar and large global supplies. A survey of analysts by Bloomberg predicted that corn ending stocks in the US would increase by 11 million bushels […] Read more