Feed Grains: US Plains red winter wheat feeling dry woes

By Commodity News Service Canada

WINNIPEG, Nov. 23 (CNS Canada) – CORN futures on the Chicago Board of Trade were narrowly mixed on Wednesday, lacking any clear direction as traders squared positions ahead of the Thanksgiving holiday.
Canadian wheat exports to the Middle East are down sharply, according to a report by Grainboard.ru. The report says just 2.4 million tonnes of wheat has been sent so far.
Dry conditions on the US Southern Plains are beginning to cause problems for crops that were planted early and/or have limited irrigation, according to a report on world-grain.com. Hard red winter wheat production is especially at risk of declines, especially in areas in the west-central high plains.

Read Also

Canadian Financial Close: Loonie higher, TSX sets new record

Glacier FarmMedia – The Canadian dollar gained some ground on Friday and will end the week on a high note….

Feed barley bids in the key cattle feeding area of Lethbridge, Alberta were in the C$172 to C$175 per tonne range as of November 18, which was up five dollars at the top end from the previous week, according to the latest pricing information from the provincial government. Top end feed wheat prices were up three dollars at the bottom end of the range, coming in at C$185 to C$190 per tonne in Lethbridge.