Contribution Of Corn Exports To Domestic Utilization WASHINGTON, D.C. In the United States, demand for com is determined by domestic utilization as well as interna tional demand. U.S. fanners must produce the quantity of com necessary to meet both domestic and international demand in order to maximize their returns and minimize their per unit costs of produc tion. The expon market can greatly influence total demand and com producer incomes. Exports of com as a percent of total production have doubled since the 19605. Between 1988 and 1992, exports have averaged 28.2 percent, or more than 1 out of every 3.5 acres of corn harvested in the United States. Ficklin Grain Handling Equipment To Fit Any Need Large Capacity Single Door Openinj Fast Unloading Easily Mounts on Trui Modal 231 Exports of value-added com products, such as com gluten feed, com oil and high fructose com syrup, have more than doubled only 3.06 million metric tons (mmt) in 1982 to over 7.35 mmt in 1992. The combined exports of value added com products and whole com have accounted for an average of 30.6 percent of com production in the United States during that time period. Increases in com exports to meet increases in international demand translate into increased domestic farm prices for com. Recent studies have found that for every 100-million-bushel (2.54 mmt) increase in exports, the domes tic price of a bushel of com or Trailer When Quality Counts - Count on FICKLINS Model 4500 All Units are Primed Around the Outside Slip Kote Applied on Inside The Ficklin Line of Quality Agricultural Equipment For the name of your nearest dealer, contact: Tj Aiiff mi'll!r 567 S. READING m, P.O. BOX 478 EPHRATA* PA 17522 TELEPHONE: 1*717*733*7951 Gravity Boxes increased by 7 cents in 1992. U.S. exports of com this year are way ahead of last year’s export pace. As of March 25, U.S. com exports totaled 1.3 billion bushels (bbu), compared to only 1.1 bbu during the same period last year; this represents an 18 pe*- cent increase. The U.S. Feed Grains Council’s World Feed Grains Demand Model fore casts U.S. com exports increas ing from 1.5 bbu in 1992 to 2 bbu by 2001, or a 3.1 percent annual increase. * For more information about domestic com utilization and prices, contact the U.S. Feed Grains Council, 1400 K St., NW, Suite 1200, Washington, D.C., 20005, (202) 789-0789. Model 4500 Center Dump »” Model 435 Modal 213 Corn Talk, Lancaster Farming, Saturday, October 9,1993-Page (O®IM TMM NEWS PENNSYLVANIA MASTER CORN GROWERS ASSOC., INC. China Faces Poor Corn Quality WASHINGTON, D.C. Recent field visits to feedmill ers and end-users support trade intelligence reports that Chin ese com exports are under some pressure due to poor quality. Shipments over the past two months have con tained high levels of aflatoxin, moisture, mold, and heat damage. Buyers in Malaysia are blaming the poor quality on several factors, primarily Chi na’s wet harvest and storage conditions during the winter. The lack of credible export quality inspections at Chinese ports and the “renegade trad ers” alleged merchants of poor quality com are also to blame. Malaysian buyers have started paying premiums to other origins to get better qual ity com, which bodes well for the United States. Corn Still Needed In South Africa South Africa’s 1992 com crop, is in serious trouble because of a lack of wide spread rainfall and low soil (Turn to Pago 8) ■K.IAIOGT w 207
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