By Commodity News Service Canada WINNIPEG, Nov. 7 (CNS Canada) – CORN futures in Chicago softened by two cents per bushel on Monday as US farmers make rapid harvesting progress due to the warm weather. Traders were likely positioning themselves ahead of tomorrow’s US election as well as the release of Wednesday’s supply and demand […] Read more
Feed Grains: Corn traders wait for election, USDA report
Feed Grains: Markets awaiting USDA report
By Commodity News Service Canada WINNIPEG, Nov. 4 (CNS Canada) – The release of the USDA’s next supply/demand report on November 9 should provide some nearby direction for the grain markets, including Canada’s feed grain market. Pre-report expectations peg the US corn crop at anywhere from 14.4 billion to 15.4 billion bushels, which would compare […] Read more
Feed Grains: China reducing open-air grain storage
By Commodity News Service Canada WINNIPEG, Nov. 3 (CNS Canada) – Corn futures at the Chicago Board of Trade were up on Thursday, as solid US export demand helped counter the seasonal harvest pressure. However, feeder cattle futures in the US were down, as values backed away from the one-month highs hit the previous session. […] Read more
Daily Feed Grains: Chinese corn supply estimates dwindling
By Commodity News Service Canada WINNIPEG, Nov. 2 (CNS Canada) – Declining Chinese corn stocks may not be adding much support to the world feed grain market, as supplies remain large overall. Corn futures at the Chicago Board of Trade were down for the fourth straight session on Wednesday, as the big US corn crop […] Read more
Feed Grains: Good US harvest keeps corn under pressure
By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Nov. 1 (CNS Canada) – Feed grain markets in Western Canada remain relatively firm, with losses in the US grain markets countered by Canada’s own production issues. Corn futures at the Chicago Board of Trade dropped to the low end of their nearby trading range on Tuesday, […] Read more
Feed Grains: Cdn barley deliveries up on year
By Commodity News Service Canada WINNIPEG, Oct. 31 (CNS Canada) – Following are a few highlights in the Canadian and world feed grains markets on Monday, October 31. – CBOT corn futures settled mostly lower on Monday. The December contract was down a quarter cent at US$3.5425 per bushel. – Weekly US corn export inspections […] Read more
Feed Grains: US corn harvest nearing completion
By Commodity News Service Canada WINNIPEG, Oct. 28 (CNS Canada) – Following are a few highlights in the Canadian and world feed grains markets on Friday, October 28. – CBOT corn futures were lower on Friday, as profit-taking ahead of the weekend and the good US harvest pace weighed on prices. The December contract was […] Read more
Feed Grains: IGC raises world grain supply forecast
By Commodity News Service Canada WINNIPEG, Oct. 27 (CNS Canada) – Following are a few highlights in the Canadian and world feed grains markets on Thursday, October 27. – CBOT corn futures settled higher on Thursday, taking some direction from advances in soybeans. The December contract was up 3.50 cents at US$3.5750 per bushel. – […] Read more
Feed Grains: High vomi feed-wheat discounted
By Commodity News Service Canada WINNIPEG, Oct. 25 (CNS Canada) – Following are a few highlights in the Canadian and world feed grains markets on Tuesday, October 25. – CBOT corn futures settled with small gains on Tuesday, after trading to both sides of unchanged. The December contract was up one cent at US$3.4925 per […] Read more
Feed Grains: US corn harvest in line with average
By Commodity News Service Canada WINNIPEG, Oct. 24 (CNS Canada) – Following are a few highlights in the Canadian and world feed grains markets on Friday, October 24. – CBOT corn futures settled lower on Monday, as good US harvest conditions and spillover from the losses in wheat weighed on prices. The December contract was […] Read more