Latin American Demand Estimated at a Quarter of World Corn Market in 2014/2015

latin america corn
This week’s U.S. Grains Council’s (USGC) Chart of Note illustrates the importance of the top four Latin American corn importers.

This week’s U.S. Grains Council’s (USGC) Chart of Note illustrates the importance of the top four Latin American corn importers - Mexico, Colombia, Venezuela and Peru - in the world corn market this marketing year in comparison to expected top 10 markets.

The top four corn importing countries in Latin America are estimated to make up more than a quarter of the world market for corn this year. In fact, combined they are expected to import more corn from the world than Japan, which is currently the top destination for U.S. corn.

The Council has a boots-on-the-ground effort in this region with offices in both Panama City and Mexico City to promote the advantages of U.S. corn across the region.