7. Country News
Algeria: The value-added tax has been removed from DDGS and CGF imports during 2018. Algeria is the second largest corn market in North Africa and its poultry and dairy production is expanding. (Ethanol Magazine)
Brazil: With sugarcane crush at a ten year low in January, corn use has exceeded sugarcane as the feedstock for ethanol production. Brazil is expanding the number of ethanol plants that can use either feedstock, as well as building corn-only ethanol plants. (Agrimoney)
China: Pig feed demand will keep corn prices high in 2018. In addition to more feed use, industrial use of corn will increase as 20 MMT of wet milling capacity comes on line in 2018. The market impact from additional ethanol production capacity will hit in 2019. (Rabobank)
Nepal: The Ministry of Agricultural Development reports that corn production will rise nearly 10 percent this year to an all-time high of 2.55 MMT due to growers adopting commercial farming practices. (World-Grain)
Zimbabwe: The Grain Millers’ Association of Zimbabwe reports that despite recent dry conditions there are sufficient grain reserves on hand to get the country through the next farming season. Association Chairman Tafadzwa Musarara credits the supply abundance to the Targeted Command Agriculture scheme, which requires farmers with a minimum of 200 hectares located near water to produce at least 1 KMT of maize per year. (World-Grain)