Chinese feed millers switch back to corn as prices ease

30

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...

Sign in  as a member, or Join our Community  for free to unlock the full article.