Korean corn imports during the first five months of 2012 reflect the diversity of suppliers in the international market place. While the United States still enjoys a 55 percent share of Korea’s corn imports, that share has fluctuated widely in recent years based on availability and price in competitor markets. And while the United States enjoys a high share of Koreas feed corn market, the Black Sea region accounts for 69 percent of Korea’s corn imports for industrial processing.
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