By Commodity News Service Canada
WINNIPEG, Sept. 19 (CNS Canada) – Following are a few highlights in the Canadian and world feed grains markets on Monday, September 19.
– CBOT corn futures settled near unchanged on Monday, as the market backed away after touching nearby resistance in early activity. The December contract was up a quarter cent at US$3.3725 per bushel.
– Early harvest samples of Western Canada’s spring wheat and durum are showing fusarium damage, but the extent of the damage is still unknown, according to officials with the Canadian Grain Commission.
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– Dry soil conditions in parts of Ukraine were causing seeding delays for winter grains, according to a report from UkrAgroConsult.
– Russian corn exports in 2015/16 of 4.6 million tonnes, were roughly 1.4 million tonnes ahead of the previous year’s level, according to reports.
– Feed barley bids in the key cattle feeding area of Lethbridge, Alberta were in the C$160 to C$165 per tonne range as of September 16, which was down by as much as C$5 per tonne from the previous week. Feed wheat prices posted similar losses, to range from C$178 to C$190 in Lethbridge.
