# Feed needs expected to spark corn, wheat demand

> A Western Producer article reports that grains make up 69 percent of total global feed use, with oil meals at 23 percent and other feeds such as distillers grains and rice supplying the rest. The article expects feed demand to support corn and wheat demand. It also notes that Brazil plans to plant nearly 100 million acres of soybeans.

- Date: 2021-06-21 · published 2021-06-21T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/46707-feed-needs-expected-to-spark-corn-wheat-demand
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Rising feed demand for grains supports corn and wheat prices, while expected Brazilian soybean expansion adds to oilseed supply later in the year.

## Read by commodity

- CORN: bullish ▲
- WHEAT: bullish ▲

## Sources

- producer.com: https://www.producer.com/news/feed-needs-expected-to-spark-corn-wheat-demand/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.