World Grain - October 2011 - 58

FEATURE: A GROWING FORCE IN CORN

Argentine corn production by province
• • • • • • • Buenos Aires 33.2% Córdoba 32.1% Santa Fe 15.1% Entre Ríos 7.1% La Pampa 3.3% Chaco 2.2% Rest of the country 7%

Source: Trade statistics for International Business Development

U.S., the principal corn exporter in the world. According to a report from the U.S. Department of Agriculture (USDA), the U.S. controls over 49% of the global market, while Argentina holds 18.4% of the market share. However, the weather in the U.S. “continues to be the focus of attention, which could cause its yields to be smaller than expected in a context with tight surplus,”

said sources from the Regional Consortiums for Agricultural Experimentation (CREA). This would create a favorable situation for Argentine exporters. According to the consultant firm, Agritrend, Argentina’s stock-to-use ratio is currently 13.2%, while the U.S. ratio is 6.4%, leaving the South American country a large surplus for export. The difference between stock and demand could become even larger since Argentina is planning to increase its planted area. Maizar experts are promoting the incorporation of new areas in the province of Salta and the Patagonia region, which are not traditionally suitable areas for this crop, using technology and innovation. This would certainly change the map of Argentina’s corn sector, given that the best producing areas are located in the center of the country. According to the Secretary of Agriculture, Cattle and Fishing (SAGPyA),

the province of Buenos Aires accounts for 33.2% of the country’s production. Cordoba province is next at 32.1%, followed by Santa Fe (15.1%), Entre Ríos (7.1%), La Pampa (3.3%) and Chaco (2.2%). The remaining provinces only account for 7% of production. NEW DESTINATIONS North Africa, South Asia and Latin America are the biggest markets for Argentine corn, accounting for 80% of the country’s corn exports. However, Argentine corn producers now have their sights set on the growing Chinese market. China, the world’s second largest corn producer, was self-sufficient until recently. Beginning in 2009-10, China began importing corn from the U.S. to supply its growing meat, poultry and dairy industries. New opportunities have started to emerge since Julián Domínguez, Argen-

For more information, see Page 106.

58

October 2011 / World Grain / www.World-Grain.com


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World Grain - October 2011

Table of Contents for the Digital Edition of World Grain - October 2011

World Grain - October 2011
Contents
Grain’s influence on global population trends
CALENDAR OF EVENTS
News review
Focus on Turkey
In it for the long haul
Deregulation shapes shipping market in Australia
Port developments
News Roundup
Thai rice plan controversial
A growing force in corn
Is biotech blooming in Europe?
A battle for China
Marketing maneuvers
Biofuels News Review
A new imaging method for millers
U.S. soy crushers face challenges
IAOM Eurasia
Flour trade prospects improve
Ridding your facility of rodents
Intersystems expanding Omaha facility
OCRIM school educates millers from around the world
Perten Instruments acquires TexVol Instruments
Food Protection Alliance names Schmitz as director
SternMaid to participate in Food Ingredients Europe
Insta-Pro International names Latin American sales manager
CPM acquires CIMBRIA SK
Alltech realigns leadership team
PRODUCT SHOWCASE
Advertiser Index
World Grain - October 2011 - World Grain - October 2011
World Grain - October 2011 - 2
World Grain - October 2011 - 3
World Grain - October 2011 - 4
World Grain - October 2011 - 5
World Grain - October 2011 - 6
World Grain - October 2011 - Contents
World Grain - October 2011 - 8
World Grain - October 2011 - 9
World Grain - October 2011 - Grain’s influence on global population trends
World Grain - October 2011 - 11
World Grain - October 2011 - CALENDAR OF EVENTS
World Grain - October 2011 - 13
World Grain - October 2011 - News review
World Grain - October 2011 - 15
World Grain - October 2011 - 16
World Grain - October 2011 - 17
World Grain - October 2011 - 18
World Grain - October 2011 - 19
World Grain - October 2011 - 20
World Grain - October 2011 - 21
World Grain - October 2011 - 22
World Grain - October 2011 - 23
World Grain - October 2011 - 24
World Grain - October 2011 - 25
World Grain - October 2011 - Focus on Turkey
World Grain - October 2011 - 27
World Grain - October 2011 - 28
World Grain - October 2011 - 29
World Grain - October 2011 - 30
World Grain - October 2011 - 31
World Grain - October 2011 - In it for the long haul
World Grain - October 2011 - 33
World Grain - October 2011 - 34
World Grain - October 2011 - Deregulation shapes shipping market in Australia
World Grain - October 2011 - 36
World Grain - October 2011 - 37
World Grain - October 2011 - Port developments
World Grain - October 2011 - 39
World Grain - October 2011 - 40
World Grain - October 2011 - 41
World Grain - October 2011 - 42
World Grain - October 2011 - 43
World Grain - October 2011 - News Roundup
World Grain - October 2011 - 45
World Grain - October 2011 - 46
World Grain - October 2011 - 47
World Grain - October 2011 - Thai rice plan controversial
World Grain - October 2011 - 49
World Grain - October 2011 - 50
World Grain - October 2011 - 51
World Grain - October 2011 - 52
World Grain - October 2011 - 53
World Grain - October 2011 - 54
World Grain - October 2011 - 55
World Grain - October 2011 - A growing force in corn
World Grain - October 2011 - 57
World Grain - October 2011 - 58
World Grain - October 2011 - 59
World Grain - October 2011 - 60
World Grain - October 2011 - 61
World Grain - October 2011 - Is biotech blooming in Europe?
World Grain - October 2011 - 63
World Grain - October 2011 - A battle for China
World Grain - October 2011 - 65
World Grain - October 2011 - 66
World Grain - October 2011 - 67
World Grain - October 2011 - Marketing maneuvers
World Grain - October 2011 - 69
World Grain - October 2011 - 70
World Grain - October 2011 - 71
World Grain - October 2011 - Biofuels News Review
World Grain - October 2011 - 73
World Grain - October 2011 - 74
World Grain - October 2011 - 75
World Grain - October 2011 - A new imaging method for millers
World Grain - October 2011 - 77
World Grain - October 2011 - 78
World Grain - October 2011 - 79
World Grain - October 2011 - 80
World Grain - October 2011 - 81
World Grain - October 2011 - U.S. soy crushers face challenges
World Grain - October 2011 - 83
World Grain - October 2011 - 84
World Grain - October 2011 - 85
World Grain - October 2011 - 86
World Grain - October 2011 - 87
World Grain - October 2011 - IAOM Eurasia
World Grain - October 2011 - 89
World Grain - October 2011 - 90
World Grain - October 2011 - 91
World Grain - October 2011 - 92
World Grain - October 2011 - 93
World Grain - October 2011 - Flour trade prospects improve
World Grain - October 2011 - 95
World Grain - October 2011 - 96
World Grain - October 2011 - 97
World Grain - October 2011 - Ridding your facility of rodents
World Grain - October 2011 - 99
World Grain - October 2011 - 100
World Grain - October 2011 - 101
World Grain - October 2011 - Food Protection Alliance names Schmitz as director
World Grain - October 2011 - 103
World Grain - October 2011 - Alltech realigns leadership team
World Grain - October 2011 - PRODUCT SHOWCASE
World Grain - October 2011 - Advertiser Index
World Grain - October 2011 - 107
World Grain - October 2011 - 108
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http://digital.world-grain.com/sosland/wg/2004_10_01
http://digital.world-grain.com/sosland/wg/2004_09_01
http://digital.world-grain.com/sosland/wg/2004_08_01
https://www.nxtbookmedia.com