By Commodity News Service Canada
Winnipeg – Following are a few highlights in the Canadian
and world feed grains markets on Monday, December 14.
– CBOT corn futures finished higher Monday, gaining eight
cents in the March contract to settle at US$3.7900 per bushel,
as investors covered shorts ahead of Wednesday’s expected rate
hike in the US.
– According to the National Ag Statistics Service, oat
production in Wisconsin is on the rise. Just over 14 million
bushels were harvested in 2015 with an average yield of 72
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just 8.6 million bushels were taken off with a yield of 62
bushels an acre.
– Farmers in Ukraine exported 9.3 million tonnes of wheat,
5.4 million tonnes of corn and 3.9 million tonnes of barley
between July 1 to December 11, according to the country’s
agriculture wing. Government officials estimate total grain
exports could reach 36 million tonnes in 2015/16 which would be
a million more than in 2014/15.
– Israel has announced it is looking to buy 20,000 tonnes of
sorghum.
– Between July 1 to December 9 of 2015, Russia has exported
17.80 million tonnes of grain. That compares to 18.96 million at
the same time last year. Overall, grain exports are down 6% on
the current marketing year, according to the Russian Ministry of
– Feed barley bids in the key cattle feeding area of
Lethbridge, Alberta were in the C$215 to C$220 per tonne
area as of December 11, according to provincial reports. Feed
wheat prices are in the C$222 to C$230 range.
