U.S. corn dominance may be waning due to drought
date:Oct 26, 2012
Asian countries may no longer look toward the United States for its corn needs after a severe drought this past summer shriveled crops and sent corn prices soaring. As a result, the U.S. may be losing its dominance as a corn export powerhouse, according to foreign grain buyers at the Export Exchange industry conference this week in Minneapolis.

Importers from Asia, including South Korea, Taiwan and Japan have been buying feed from South America and producers in the Black Sea region instead of t
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