By Commodity News Service Canada
Winnipeg – Following are a few highlights in the Canadian and world feed grains markets on Thursday, Dec. 14.
Prices for feed wheat in Manitoba are holding steady, according to the latest information from the Prairie Ag Hotwire. Bids are listed as C$3.90 to C$4.80 per bushel.
Oat prices in Saskatchewan are keeping firm at C$2.24 to C$2.80 per bushel.
Feed barley bids in the key cattle feeding area of Lethbridge, Alberta held steady during the week ended Dec. 8 to range from C$220 to C$225 per tonne, according to the latest pricing information from the provincial government. Feed wheat prices were down by five dollars on the top end, to also range from C$220 to C$225 per tonne in Lethbridge.
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Prices for feed barley in North Dakota rose 12 cents over the past week to C$3.23 to C$3.69 a bushel.
Ukraine has raised its forecast for this year’s grain production. According to the Ministry of Agrarian Policy and Goods, the country’s output will hit 62.3 million tonnes. That compares to the previous forecast of 62 million.
Nearly a third of Kazakhstan’s grain harvest is rated as being average in quality. According to a report by UkrAgroConsult, 3.1 million tonnes or 60 percent of the crop was rated as third class. About 28 percent (1.5 million tonnes) was fourth class while just nine percent (500,000 tonnes) was fifth class.
Australian wheat farmers appear to be losing one of their biggest customers. Indonesia has been accepting more wheat shipments from the Black Sea region, according to a report by The Land. Australia’s agricultural agency pegged October export numbers at just 862,000 tonnes, which was lower than the past two years.
