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Feed Grains: New GMO corn could cut animal feed costs

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Published: October 27, 2017

By Commodity News Service Canada

Winnipeg, October 27 (CNS) – Following are a few highlights
in the Canadian and world feed grains markets on Friday, October
27.

Researchers in the United States say they have discovered a
GMO corn that would cut the cost of animal feed, according to
GeneticLieracyProject.org. The corn is genetically engineered to
produce a kind of amino acid usually found in meat, the result
is a food with increased nutrition that could feed animals and
people around the world.

United States officials are standing by expectations that
there will be near-average Australian wheat exports this season,
despite other commentators downgrading their estimates due to
the drought in Australia, according to agrimoney.com. The USDA
estimate for Australian exports was kept at 18 million tonnes
for the 2017-18 export year.

According to Prairie Ag Hotwire oat prices in Saskatchewan
and Manitoba dropped overnight. In Saskatchewan oat prices fell
24 cents to $2.80 per bushel, while in Manitoba prices went down
13 cents to $2.95 per bushel.

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