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January 19, 2012

South Africa turns to wheat as corn prices increase

Livestock feed producers in South Africa are moving away from corn and using wheat as an alternative for the first time in decades, due to the surge in corn prices. Wheat is being used for animal feed in Western Cape Province, which produces about 40 percent of South Africa’s wheat, said an official at Meadow Feeds, who declined to be identified in line with company policy.

“This is happening for the first time in roughly 10 years,” he said. Historically, wheat used to be approximately 900 rand (US$112) (€86.923), more expensive per ton than yellow corn, but the difference has narrowed, Brink van Wyk, a trader at Bosveld Graan, said in an interview in Johannesburg. Read more ...

This blog is written by Martin Little, The Global Miller, published and supported by the GFMT Magazine and the International Milling Directory from Perendale Publishers.  To get your copy of  'PPLAPP' click here.
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