ThePigSite Latest News
Mexico potential U.S. corn market
US - Corn growers from Illinois, Iowa and Nebraska are currently meeting in Guadalajara, Mexico, with Mexican corn buyers for a series of merging markets workshops.The event focuses on bringing together potential buyers and sellers and building relationships between the two groups.
“We are here trying to merchandise and move grain from all three areas,” said Darrel McAlexander, a corn grower from Southwest Iowa in an interview with Brownfield Monday. “Whenever corn leaves the United States or when it’s consumed, if it comes out of Iowa, Nebraska or Illinois, or wherever it comes, whenever that bushel of corn is gone that increases or helps promote the price of corn in the rest of the states.”
Mexico is a very strong potential market for U.S. corn, says McAlexander, speaking from the meeting in Mexico. From its combination of expanding livestock, swine confinement units and large poultry industry, Mexico is going to need a lot of corn from the United States in the future, according to McAlexander.
Mexican buyers must have cupos, coupons issued by the Mexican government, after an individual has used a set amount of domestic grain. These cupos allow buyers to import grain from the United States, say McAlexander. Another important factor will be rail facilities used to transport the grain, which he says have improved in Mexico allowing shuttle trains to travel between the U.S. and Mexico twice a month.
To continue reading this article please click here
Source: Brownfields Network
More of the latest Pig Industry News
Meat Processing Jobs Safe at the Moment
Free Trade Agreement Pleases CPC
New Look for Controllers
Festive Hog Roasts: Calling all Pig Farmers!- Coles to Drive Aussie Pork Message
CME: Relationships among Corn Price Series- Reduced Supplies on the Way
- Re-Formulation Offers Potential Added Savings
DSM Opens New Premix Plant in China- WCRF Makes a Pig's Ear of Claims
