NEWS
Regaining Corn Market Share
Katie Micik DTN Markets Editor
Tue Feb 26, 2013 05:24 PM CST

OMAHA (DTN) -- High corn prices have forced even our most loyal customers into the arms of our competitors, and that's generating a sometimes uneasy conversation about U.S. market share and how to fully recover it once domestic stocks rebound.

Historically, Japan has purchased 90% of its corn needs from the U.S., about 15 million metric tons annually. Last December, the U.S. only supplied 33% of Japan's needs, while more than 50% of Japan's corn imports of corn came from Brazil, a first. Tommy Hamamoto, the U.S. Grains Council's director in Japan, said at their recent meeting that U.S. market ...

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