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Global grain prices under pressure

www.farminglife.com
The short winter has taken the edge off feed demand and with a plentiful supply of feed grains around the world the indications are that feed prices should ease in the coming weeks.

Maize stocks in the USA are reported at high levels and the indications on farmer plantings are that the acreage will continue to rise. Brazil, Canada and the Black Sea region are all reporting a similar picture and it is likely that maize will continue to be the lowest priced cereal for the foreseeable future.

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