September 15, 2008

 

Wheat-use in feed to grow 31 percent on abundant supplies

 
 

Global use of wheat in feed-rations are expected to rise 31 percent as exportable supplies of lower-quality wheat becomes more abundant, especially in the EU, Ukraine, and Russia.

 

Wheat use in feed rations in the EU, which has the world's largest wheat-based feed industry, is estimated to jump 25 percent (up 13 million tonnes) this year, replacing imported corn and sorghum.

 

In addition to meeting domestic needs, the EU's exportable surplus is expected to be much higher than in recent years due to a greater harvest.

 

Russia and Ukraine also have larger crop prospects and are expected to consume more feed-quality wheat while expanding exports.

 

However, countries like Argentina, Australia and Kazakhstan are likely to reduce wheat exports due to production  factors.

 

Importing countries are also likely to raise demand for feed-quality wheat, especially those that have the flexibility to change their feed rations.

 

South Korea and Israel, for example, are expected to raise their demand for feed-quality wheat and reduce their imports of higher-priced corn, experts said.
 
 

Estimated wheat export for selected countries

 

Estimated wheat export

Estimated wheat export

Change

for 2007/08

for 2008/09

(million tonnes )

( million tonnes )

( million tonnes )

 

EU

15.50

18.00

2.50

Ukraine

8.50

9.00

0.50

Russia

13.50

14.00

0.50

Canada

17.00

17.50

0.50

Argentina

8.50

7.50

-1.00

Australia

15.00

14.00

-1.00

Kazakhstan

6.00

5.40

-0.60

Video >

Follow Us

FacebookTwitterLinkedIn