By Commodity News Service Canada
Winnipeg, Dec. 5 (CNS) – Following are a few highlights in
the Canadian and world feed grains markets on Tuesday, Dec. 5.
Feed grain prices have softened in Australia as buyers
ready for an influx of downgraded grain following the large rain
event over the weekend, according to Queensland Country Life.
Stock feed wheat prices in the Darling Downs region in
Queensland finished the week down AUD$3 at AUD$322, while feed
barley was unchanged at AUD$318.
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Wheat growers in England are concerned following the
closure of a major biofuel plant in East Yorkshire, according to
Farmers Weekly. The œ350 million biofuel plant processed 1.1
million tonnes of feed wheat from across East Yorkshire. The
plant said it was forced to take the production facility offline
due to a drop in bioethanol prices this fall. As well as
processing wheat into fuel, the facility is also England’s
largest single production site for animal feed, delivering
500,000 tonnes of high-protein feed to more than 800 United
Kingdom farms. The plant is closed for the foreseeable future.
Leaders of the United States Grains Council and National
Corn Growers Association have travelled to South Korea and
Mexico this week in concurrent missions, according to the High
customers and government officials during a period of policy
uncertainty for the U.S. corn industry. Last year exports of
feed grains in all forms to South Korea totaled 8.32 million
tonnes, as well South Korea jumped to be the third largest buyer
of U.S. corn. Mexico is the largest buyer of U.S. corn.
