Chinese feed millers switch back to corn as prices ease


Chinese feed millers are expected to use more corn in feed in marketing year (MY) 2021/22 as the gap between corn and wheat prices narrow. In its latest GAIN report, the USDA forecast corn use at 211mt, 15mt more than MY2020/21. The MY2020/21 corn use is estimated at 196mt, only 3mt higher than the...

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