Less Corn May be Used for Animal Feed
Latest WASDE report suggests that more corn may go towards ethanol use
The latest World Agriculture Supply and Demand Estimates report suggests that more corn may be used for ethanol than for animal feed, bringing forward concerns from groups like the National Chicken Council, who say that such numbers could set a worrying precedent.
The WASDE, from the U.S. Department of Agriculture, predict that 5 billion bushels of corn will be used for feed and related purposes in the 2010/2011 crop year, which runs through September, while 5.05 billion bushels will be used for ethanol and byproducts.
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