September 21, 2011

 

China may consume 20-million-tonne feed wheat in 2012 
 

 

China's feed industry is expected to consume 15 million to 20 million tonnes of wheat in 2011-12 if corn prices remain high, a Canadian Wheat Board official based in Beijing said Tuesday (Sep 20).

 

"We see a lot of switching from corn to wheat in China," said Haiguang Shi, a vice president of the Canadian Wheat Board.

 

"Wheat prices are 15% below corn, so that's why a lot of feed mills are shifting to feed wheat," he added.

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