US Crop Exports Face 'Crisis Of Competitiveness'

Monday, February 20th, 2012

US grain exporters face a "crisis of competitiveness" which is seeing foreign rivals raise market share, helped in corn by doubts over the quality of American supplies.

The US Grains Council, whose role is to promote the country's grain exports, warned of "rapidly changing market realities" which were eroding US pre-eminence in agricultural commodity shipments.

The group focused on corn, in which the US is, for the first time in 2011-12, to account for less than 50% of world shipments, thanks to the emergence of Ukraine as a major exporter.

Read More: Farms.com

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