date:Jan 17, 2013
boost corn exports.
Black Sea (mostly Ukrainian) corn has been competitively priced, making its way to traditional U.S. markets such as South Korea and Japan. The tailing-off of wheat exports from the Black Sea should provide traders with ample port capacity in the months ahead to execute sales.
Consequently, U.S. corn exports for the year are poised to drop to the lowest level in over 40 years, falling below wheat exports. Competitor trade has contributed to U.S. exports crashing by nearly 60