News
Economist: Japan could seek more U.S. corn during HPAI recovery
An ag economist says he expects some upcoming export opportunities for U.S. corn into Japan.
University of Missouri’s Ben Brown says Japan needs more corn for livestock feed usage. “They are a bit ahead of us with highly pathogenic avian influenza. They are about a year ahead of us, so they are rebuilding their laying (flocks) and are starting to use more corn for that.”
He tells Brownfield Japan will likely increase purchases of U.S. corn. “This is a good thing for the U.S. because we’ve been competitive historically at getting corn into Japan. They’ve been a good trading partner for us.”
Brown says Japanese demand for U.S. corn could rise 2% next marketing year.
He made his comments during Brownfield’s Weekly Commodity Market Update, which can be viewed below.
Add Comment