Has China to import corn?
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Corn
Corn as Raw Material
Most of the Corn is used as the main energy ingredient in livestock feed. Crop is also processed into a multitude of food and industrial products including starch, sweeteners, corn oil, beverage and industrial alcohol, and fuel ethanol. The United States is a major player in the world corn trade market, with approximately 20 percent of the corn crop exported to other countries. ERS analyzes events in the domestic and global corn markets that influence supply, demand, trade, and prices.
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Ethanol Reshapes the Corn Market, reports that work is underway to add billions of gallons to the annual production capacity of the fuel ethyl alcohol market. Ethanol use holds the potential to reduce burdensome corn ending stocks and boost corn prices. In the future, stronger corn demand may divert corn from export markets.
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