date:Mar 27, 2013
rice gap in 2012 was much too large.
Nam Jo Cho, chairman of the Korea Feed Association sounded a similar note: Although we enjoy the quality of US corn, the high prices of 2012 forced us to buy [elsewhere]. The quality was not comparable to US product. We are hopeful that mother nature will favor the United States to produce more corn so we can use quality grain for Korean feed processors.
Last year Korea produced 18.5 million tons of mixed feed. To produce that amount, we need 7-8 million to