Cattle in feedlot

Cows at a feedlot in Nebraska. The pandemic-caused backlog of fed cattle has been cleared up, an analyst says.

 USDA

More hard red winter and soft red winter wheat grown in the Midwest will be used for livestock feed as their prices become competitive with corn prices.

The USDA expects U.S. feed wheat consumption to increase to 3.81 million metric tons in the 2019-2020 marketing year, compared to 1.36 million metric tons in the 2018-2019 marketing year.

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