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Business wires

Rain-damaged European feed wheat may hurt corn sales in Asia

22/08 08:51 CET

By Naveen Thukral SINGAPORE (Reuters) - Asian feed grain importers expect an influx of cheap feed wheat from Ukraine and France as heavy rain in Europe damages the quality of crops, leaving them fit for only animal consumption. South Korea, Thailand and the Philippines are likely to import feed wheat cargoes to replace corn cargoes, pressuring corn prices already hovering near four-year lows on expectations of…

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