World Feed Grain Prices

In this chart US prices are shown on the red line and currently we are below the blue line Brazilian corn and the black line which is European feed wheat.

Currently supplies are not readily available out of Argentina and very little corn is coming out of Ukraine just some going into Europe.

Not only is global demand strong but US prices are cheap now and continue to appear to be the cheapest in the world going into the month of May.

Again, more evidence that US demand is going to remain very strong.