date:Aug 15, 2012
e market experiences difficulties, feed users turn to wheat.
Because of the US drought theres been a big impact on the US grain market[which includes maize], said Watts.
Whatever happens in the US maize market has a big impact on global wheat prices,he continued.
According to data from IndexMundi, maize prices shot up around 26% to 213.58 per metric tonne between May and July this year.
Watts said the rise had been due to a drought in the US, and warned that feed users could look to use more