Thailand ups feed wheat buying against maize shortage

Thailand's animal feed industry has made its biggest feed wheat purchases, contracting to ship some 300,000 tonnes in recent deals on expectations of lower domestic maize production and aggressive offers from the Black Sea region.

Thailand's feed wheat imports come close to similar contracts which mills in Vietnam, Indonesia and the Philippines have signed recently in order to replace expensive maize as an ingredient in animal feed as grain exporters from Ukraine and Russian offer attractive prices to boost their presence in Asia.

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16.07.2010. 09:54