By Commodity News Service Canada
Winnipeg, October 24 (CNS) – Following are a few highlights
in the Canadian and world feed grains markets on Tuesday,
October 24.
The United States Department of Agriculture’s weekly crop
progress report released Monday showed corn harvest was 38 per
cent complete in the U.S. compared to the average of 59 per
cent. A forecast corn would be rated at 66 per cent good to
excellent according to the USDA.
According to UkrAgroConsult from March until August this
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According to Reuters, there will be less corn planted in
South Africa next year. This is inevitable according to experts,
who said the record harvest lead to lower prices in the domestic
market.
Chicago Board of Trade corn and wheat futures firmed Monday
following a late Friday U.S regulatory release which showed
speculators had boosted their bearish bet on both commodities.
Chicago Board of Trade December wheat futures settled at US$4.38
a bushel. CBOT December corn was up to US$3.53 a bushel.
