U.S. corn dominance may be waning due to drought
date:Oct 26, 2012
he United States, Reuters reported. It is also reported that China has not purchased any U.S. corn since mid-summer. Projections are that China will not buy any U.S. corn until the spring of 2013 and only if prices are closer to the $6 level, according to the grain buyers at the conference.

Argentina supplied China with corn for the first time this year as a result of higher priced corn from the United States.

The floor of competition for U.S. grain production rises every day. This year is a w
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