FAO: in 2017 – 2018 competition on global feed grain market remains high

In 2017 – 2018on feed grain market - mostly corn and barley, competition will be high.

Corn harvesting campaigns in Brazil and Argentina are over and crop is expected to reach 93.45 million tonnes at 63.35 million tonnes in 2016-2017. And 47.5 million tonnes (39.8 million tonnes). Certainly there will be shifts in the structure of the crops in these two countries between wheat, corn and soy. The relationship between the price of soybeans and corn will be decisive.

In 2017 - 2018 the market of feed wheat must be carefully monitored because there are large batches of waiting buyers.