Corn, wheat export picture cloudy

Brandon, Hembree
March 2005
Southeast Farm Press;3/23/2005, Vol. 32 Issue 9, p35
Trade Publication
This article focuses on prediction made by the U.S. Department of Agriculture (USDA) at its Agricultural Outlook Forum 2005 at Arlington on corn exports for the U.S. Corn exports for the U.S. are expected to grow only marginally for 2005/2006, while overseas sales of wheat are projected to drop 5 percent. Jerry Norton, agricultural economist with the USDA's Farm Services Agency said that even if production slips in 2005, Argentina is expected to remain a formidable competitor. Also, rising stocks in the European Union (EU) countries could present a problem for the EU that might lead to an increase in com exports to countries outside the EU.


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