Grain prices for animal feed under pressure in Australia

Prices of grain for animal feed in Australia have fallen sharply in the past month. This has to do with developments in production, both domestically and globally. The global market for grains for animal feed is under pressure due to a large harvest expected in the United States (US). Farmers in the US are looking forward to a problem-free season so far, Australian agricultural company Elders said in a report. The US Department of Agriculture and International Grains Council have revised upw