Corn set for big feed year
After losing out to wheat, corn could rebound now that July-delivery was as much as $1.015 a bushel less than wheat last month.
Less expensive corn in the 2012-2013 crop year may lead livestock producers globally to feed a record-setting 515.4 million metric tons of the grain, according to the International Grains Council.
Wheat feed use could decline 9.2 percent to 128.8 million tons.
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