Demand and Prices Up for U.S. Wheat, Corn
Corn futures trading above wheat for first time in 15 years
Wheat prices have increased by 4.5% in the last three months as demand for the grain's use in animal feed has strengthened and stockpiles have decreased in the wake of rising corn prices, according to the Chicago Board of Trade.
On April 12, corn futures traded above CBOT wheat prices for the first time in 15 years — an event that analysts said could encourage even more wheat use in feed rations.
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