By Commodity News Service Canada WINNIPEG, Dec. 6 (CNS Canada) – CORN futures on the Chicago Board of Trade finished one cent higher on Tuesday, as slow selling by US farmers underpinned the market. Chart-based trading and spillover gains in soybeans also lent support. Statistics Canada released its estimates for grain and oilseed production in […] Read more
Feed Grains: Low-quality durum destined for feed market
Feed Grains: Prairie oats fight through tough year
By Commodity News Service Canada WINNIPEG, Dec. 5 (CNS Canada) – CORN futures on the Chicago Board of Trade reaped strong gains on Monday, finishing 11 to 12 cents per bushel higher. The market climbed with technical trading and advances in soybeans and soymeal. The final crop report from Alberta Agriculture noted this year’s oat […] Read more
Feed Grains: Large Canadian grain supplies expected
By Commodity News Service Canada WINNIPEG, Dec. 2 (CNS Canada) – Statistics Canada’s production estimates, due out on December 6, are generally expected to show large wheat and barley crops. While the data won’t break down by quality, more grain is grading feed than normal this year due to the adverse weather. Trade estimates on […] Read more
Feed Grains: Ukrainian grain stocks tighten
By Commodity News Service Canada WINNIPEG, Dec. 1 (CNS Canada) – Ukrainian grain stocks as of November 1 came in at 27.1 million tonnes, which was 12 per cent below the supplies on hand at the same point the previous year, according to a report from the country’s statistics agency. On a crop-by-crop basis, wheat […] Read more
Feed Grains: OPEC agreement may boost grains
By Commodity News Service Canada WINNIPEG, Nov. 30 (CNS Canada) – A tentative agreement by OPEC (the Organization of Petroleum Exporting Countries) to cut crude oil production by over a million barrels a day has the potential to underpin feed grain markets as well, given the prominent usage of grains in alternative fuels. Crude oil […] Read more
Feed Grains: Falling crude oil weighs on feed grain
By Commodity News Service Canada WINNIPEG, Nov. 29 (CNS Canada) – Corn futures at the Chicago Board of Trade were down on Tuesday, with some of the weakness tied to declines in crude oil. In other feed grain news, Alberta Barley is looking to raise its checkoff to C$1.20 per tonne, from the current level […] Read more
Feed Grains: Bird flu outbreaks watched
By Commodity News Service Canada WINNIPEG, Nov. 28 (CNS Canada) – Bird flu outbreaks in both Europe and South Korea have seen hundreds of thousands of birds culled in recent weeks, which could put some pressure on international feed markets going forward. About 190,000 ducks in the Netherlands and 180,000 in South Korea were culled […] Read more
Feed Grains: Hay quality dampened in Saskatchewan
By Commodity News Service Canada WINNIPEG, Nov. 25 (CNS Canada) – CORN futures on the Chicago Board of Trade settled roughly a penny lower on Friday. The market felt pressure from a forecast from the International Grains Council which pegged the world corn crop at a staggering 1.042 billion tonnes. That is seven million tonnes […] Read more
Feed Grains: Feed Plentiful Across CDN Prairies But Quality Poor
By Commodity News Service Canada WINNIPEG, Nov. 24 (CNS Canada) – Yields for hard red spring wheat in Saskatchewan were pegged at 45 bushels an acre while barley came in at 48 bushels an acre in the provincial government’s latest crop report. Quality was below average in many cases due to wet conditions, disease and […] Read more
Feed Grains: US Plains red winter wheat feeling dry woes
By Commodity News Service Canada WINNIPEG, Nov. 23 (CNS Canada) – CORN futures on the Chicago Board of Trade were narrowly mixed on Wednesday, lacking any clear direction as traders squared positions ahead of the Thanksgiving holiday. Canadian wheat exports to the Middle East are down sharply, according to a report by Grainboard.ru. The report […] Read more