date:Mar 20, 2013
Canadian corn is flowing to U.S. ethanol plants and feed suppliers in larger than usual volumes, with up to 1 million tonnes expected in 2012/13, as a large Ontario crop backfills demand after last year's severe U.S. drought.
Canada is normally a net importer of corn, feeding Eastern Canada's pigs and poultry and supplying Ontario ethanol plants. But the worst U.S. drought in more than 50 years has forced corn buyers to look north.
Ontario had not a lot of rain last year, but it was timed almo