The latest report of the United States’ Department of Agriculture showed that the largest volume of corn produced this year is going to be used for ethanol production. According to the World Agricultural Supply and Demand Estimates of the U.S.D.A, 5.05 billion bushels of corn from the 2010/2011 crop year will be used for ethanol and byproducts while 5 billion bushes will be used as animal feed to help produce food for people.
Carlyle to Take Stake in China Feed Maker Carlyle Group agreed to buy an 11.3% stake in one of China s largest feed makers, C.P. Pokphand, for 5 million.
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