By Commodity News Service Canada
WINNIPEG, Sept. 28 (CNS Canada) – Following are a few highlights in the Canadian and world feed grains markets on Wednesday, September 28.
– CBOT corn futures settled lower on Wednesday, as seasonal harvest pressure weighed on values. The December contract was down 2.50 cents at US$3.2925 per bushel.
– Japan received no offers for its latest tender to purchase 120,000 tonnes of feed wheat and 200,000 tonnes of feed barley, according to reports.
– Winter grain seeding in Ukraine is running well behind the previous year’s pace, according to a report from UkrAgroConsult.
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– A new study published by the Royal Society claims that climate change is occurring at 5,000 times faster than grass crops–such as wheat, barley, rice, and corn–can adapt. As a result, the study concluded that there could be ‘troubling implications’ for grain crops looking ahead to 2070.
– 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 23, which were unchanged from the previous week, according to the latest pricing information from the provincial government. Feed wheat prices moved up slightly, to range from C$180 to C$195 in Lethbridge.
