By Commodity News Service Canada
Winnipeg – Following are a few highlights in the Canadian and world feed grains markets on Friday, November 17.
Prices for feed barley in Manitoba are holding steady, according to the latest information from the Prairie Ag Hotwire. Bids are listed as C$3.40 to $3.55 per bushel.
Oat prices in Alberta fell 19 cents last week and are going for C$2.40 to C$3.01 per bushel.
Feed barley bids in the key cattle feeding area of
Lethbridge, Alta. were in the C$210 to C$217 per tonne range
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the previous week, according to the latest pricing information
from the provincial government. Feed wheat prices came in at
C$215 to C$225 per tonne in Lethbridge, which compares to C$214
to C$219 the previous week.
Corn futures at the Chicago Board of Trade climbed six cents a bushel to end the week. The market was lifted by speculative buying and spillover gains in other markets. A new report says corn producers in the Mato Grasso state of Brazil will produce 25 million tonnes of corn in 2017/18. That is nearly 19 per cent less than last year.
Corn prices in North Dakota fell four cents over the past week and are going for C$3.08 to C$3.34 a bushel.
Ukrainian corn exports fell 56 per cent during the first two months of the 2017/18 marketing year. According to a report on UkrAgroConsult, exports in September and October totalled 620,000 tonnes, which compares to 1,423,000 tonnes in 2016/17.
