The price of grain is expected to fall, and the cost of livestock feed is expected to fall

Introduction: according to the U.S Department of agriculture's world agricultural supply and demand forecast report released on March 8, the predicted prices of corn, soybean, sorghum and wheat have all declined, and livestock producers who have been plagued by high feed costs for some time are expected to take a breath QJM corn prices are expected to range from $6.75 to $7.45, down 20 cents per bushel Part of the reason for the drop in prices is the increase in production in South America and South Africa According to the U.S Department of agriculture's world agricultural production report released on March 8 in the same period, Argentina's corn production scale in 2013 is expected to increase by 26% and 30% compared with the previous year The report also predicted that corn production in South Africa would increase by about 5 percentage points QJM soybean season average price forecasts range from $13.80 to $14.80 per bushel, down 25 cents Soybean meal price forecast is 425-445 US dollars per US ton (1 US ton = 2000 pounds), down 10 US dollars QJM sorghum forecast prices range from $6.70 to $7.40, down 20 cents per bushel Exports are expected to grow by 10 million bushels based on strong sales and shipment momentum QJM wheat forecast prices range from $7.65 to $7.95, down 10 cents per bushel The reason for the drop in prices is due to adequate supply, with global wheat production expected to increase by 1.8 million tons and India alone by 1 million tons QjM