By Commodity News Service Canada
Winnipeg – Following are a few highlights in the Canadian
and world feed grains markets on Tuesday, December 1.
– CBOT corn futures were roughly a cent stronger Tuesday, as bullish talk about ethanol production in the US supported corn futures.
– According to the Canadian Food Inspection Agency, contaminated feed was the likely cause of last year’s mad cow case in Alberta. (At no time did the animal ever enter the human food or animal feed system.)
– High temperatures have delayed wheat planting in India by at least a week, according to reports out of the country.
Read Also
Canadian Financial Close: Loonie, crude oil rise higher
Glacier FarmMedia – The Canadian dollar maintained its positive momentum on Monday, aided by gains in crude oil and despite a…
– Iowa’s Renewable Fuels Association says it’s disappointed with new requirements under the Renewable Fuel Standard, saying it will create hardships for farmers, ethanol manufacturers and consumers. Under the rules, fuel distributers will have to blend 18.11 billion gallons of ethanol (corn-based) into gasoline in 2016. The association says the volume goes beyond historical levels.
– Kazakhstan’s exports of wheat, barley and rice fell by more than 30% during the first nine months of 2015, compared to the same time period last year. The information comes from the country’s Statistics Committee.
– Feed barley bids in the key cattle feeding area of
November 30, according to Jim Beausekom of Market Place Commodities Ltd in Lethbridge, Alberta. Feed wheat prices are in the C$220-225 range. The average bids for both grains were within the typical trading ranges of both commodities.
end
