High prices nibble at corn's sway as Asian feed buyers switch to wheat
* Animal feed makers seen using more wheat for chickens, pigs * China, Vietnam, S. Korea among importers seen buying more wheat * Black Sea wheat quoted at $290/T C&F, corn at $305-$310/T SINGAPORE, April 27 (Reuters) - Asian feed manufacturers are switching to wheat in animal rations as multi-year high corn prices constrict demand for the yellow grain widely used to fatten hogs and chickens. Some of the world’s top corn buyers such as China, South Korea and Vietnam are buying more wheat from Australia and the Black Sea region in the months ahead as the landed cost of corn has climbed to a ...
Source: reuters.com