Global Corn Demand Up: The Second Tier Markets

Second Tier Global Corn Markets Chart

Last week's U.S. Grains Council chart of the week showed USDA's projected imports by the top 10 global corn markets while this week's Council chart of the week shows projected corn imports for the second tier of top importers.While the top 10 importers account for about two-thirds of global corn trade, the next tier account for an additional 20 percent of global trade. Of the top 20 world corn importers, 19 are at least one million ton (39 million bushels) markets. The 'second tier' markets are important and are widely distributed – four located in the Middle East/North Africa, four in Latin America and two in Asia.