date:Oct 01, 2012
e grain inventory data signalled that feed usage of corn and wheat was larger than the market, and officials, had factored in, commentators said.
The report showed that corn use for feed in the three months to September 1 was 330m bushels, with wheat's at 122m bushels, according to broker US Commodities.
At Teucrium Trading, a New York-based exchange traded funds group, Sal Gilbertie said that the data showed very strong demand, highlighting that inventories had fallen faster than expected des