By Commodity News Service Canada
Winnipeg – Following are a few highlights in the Canadian
and world feed grains markets on Wednesday, November 18.
– A drop in oil and commodity prices has eased shipping costs for grain merchants in Australia, according to lobby group Australian Grain Exporters. The group says a wave of new shipping vessels has also been introduced into various fleets recently, which has further reduced tightness in the supply chain, according to reports.
– Grain exports from Argentina, between January to November were 18 percent less than during the same period last year, according to the Centre of Cereal Exporters.
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– At least three ports in France have temporarily stopped accepting wheat shipments from French producers. The reason is because of the record French harvest collected this summer. It has resulted in 9.4 percent more wheat collected so far this year, compared to last year, according to the ports.
– Russian grain exports in 2015/16 could turn out to be record large, according to strategic marketing agency Rusagrotrans. The agency predicts total exports may exceed 31.5 million tonnes which would slightly exceed the 2014/15 total of 30.3 million tonnes.
