Expect China to Import Brazilian Corn

China’s demand for corn remains high, but because Ukraine’sability to export the commodityhas been complicated by the war, it is looking elsewhere for its corn.

And as of now, all signs point toChina turning to Brazilto fill that gap, Erin Borror, economist for theU.S. Meat Export Federation (USMEF)，在6月30日的网络研讨会上说National Pork Board.

Global corn supply down

引用了最新的美国农业部（USDA）World Agricultural Supply and Demand(WASDE) report, Borror said the global corn crop is expected to be down about 2% when compared to the previous year.

Meanwhile, production in Ukraine is expected to be down about 41%. She added that Ukraine’s exports are expected to be down even further due to the war and lack of access to ports.

Borror said China has been “the biggest driver” of corn markets, and she emphasized that the U.S. and Ukraine have been the major suppliers of corn to China. However, another major corn producing country – Brazil – announced in late May that it was working on protocols to import Brazilian corn.

她说：“这是有道理的，因为在出​​口期望下，您会发现巴西是预测增长的地方，预计巴西将部分抵消，并有可能完全抵消乌克兰玉米出口的减少。”

“They need another supplier for corn, and we’re watching for that Brazilian product to flow in their direction.”

More sorghum to China?

中国博罗（Borror）强调的另一个变化是，其对高粱的需求增加了作为玉米的替代品作为饲料成分。

She said one reason the Chinese view sorghum as advantageous over corn is that sorghum does not have tariff rate quota (TRQ) restrictions like corn does, so it is easier for the importers to handle it.

Borror said this change bodes well for the U.S. because presently about 60% ofChina’s sorghum imports come from the U.S.

—罗伊·格拉（Roy Graber）