Feed Grains: Ukraine could export record corn volume

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By Commodity News Service Canada


Winnipeg – Following are a few highlights in the Canadian and world feed grains markets on Wednesday, April 19.

Feed barley prices in Saskatchewan climbed 45 cents over the past week according to the latest information from the Prairie Ag Hotwire. Prices are now listed at an average price of C$2.60-$3.25 a bushel.

Oat bids in Saskatchewan jumped by 44 cents during the past week to a range of C$2.25 to C$3.31 a bushel.

Farmers in Manitoba are waiting for fields to dry out so they can begin planting. One producer estimated prices were down about 10 percent from the year before. He said growers in the Steinbach area were getting around C$4.30 to C$4.40 a bushel.

Farmers in the south Brazilian state of Paraná have harvested 94 percent of the crop, according to a report on agrosouth-news.com.

Demand for French wheat is on the increase. Several ships are backed up waiting to transport wheat to Morocco, Algeria and Cuba, according to Grain On-line.

Shipments of corn from Ukraine could hit a record high, according to UkrAgroConsult. The analyst group predicts 20 million tonnes will be exported in 2017/18.

Chicago Board of Trade corn futures finished narrowly mixed on Wednesday with the most active months unchanged. Excess rain in parts of the corn belt was mildly supportive, however there were also ideas that producers should be able to speed up planting in other areas.

Feed wheat bids in the key cattle feeding area of

Lethbridge, Alberta were in the C$180 to C$185 per tonne range

as of April 14, which was the same price compared to the previous week, according to the latest pricing information from the provincial government. Feed barley prices were down a dollar at the low end of the range, at C$159 to C$165 per tonne in Lethbridge.