The US Grains Council (USCG) is focusing on supporting trade in current markets and expanding into others over the coming 12 months. The US soy sector, among other priorities, is looking to address infrastructure challenges.
Global feed prices are expected to stay relatively neutral in 2020; there are ample supplies that should keep feed prices at reasonable levels, says Rabobank. It released its annual global animal protein outlook today.
Facing increasing global market competition from South America and the Black Sea Region, US feed crop producers are predicted to see shrinking market share for ingredients through 2028, say USDA economists.