Corn glut in China set to pressure U.S. wheat market
date:May 30, 2016
evators in southwest Kansas. As a result, some elevators will struggle to find space for wheat come harvest.
Were in a dry area so can put a lot of grain on the ground. Generally its not wheat, but it looks like we may be doing that this year, he said.
The USDA has forecast that the U.S. wheat stockpile would balloon to 1.029 billion bushels by the end of the 2016/17 crop year, the biggest since 1987/88.
CHINA ASKS PROBING QUESTIONS ON DDGS
Exports of distillers grains (DDGs), an ethanol b
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