Falling feed wheat prices challenge corn demand in animal feed market

A significant reduction in feed wheat prices is intensifying competition with corn sourced from Ukraine and other regions in the animal feed market, market sources said this week, with feed mills likely to adjust the ratios on their input grains as a result. In August, the average feed wheat price was offered at $223 per metric ton, on a CIF…A significant reduction in feed wheat prices is intensifying competition with corn sourced from Ukraine and other regions in the animal feed market, market sources said this week, with feed mills likely to adjust the ratios on their input grains as a result. In August, the average feed wheat price was offered at $223 per metric ton, on a CIF…Read More