The price of corn in South Africa skyrocketed, the price of corn that Japan gave up importing skyrocketed,
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Last Update: 2001-02-23
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Source: Internet
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Author: User
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OA_show('918'); [the price of corn in South Africa skyrocketed, Japan gave up importing corn, Japan gave up importing] due to the fear that genetically modified corn is contained in corn in the United States, Japanese food corn importers have been actively buying corn in the South African market for some time recently, but at present, the price of corn in South Africa skyrocketed due to the weather and drought, so Japanese businessmen have to temporarily give up importing corn from the country According to the survey of South African businessmen by qiaoxun, the weather and drought will significantly reduce the output of corn in South Africa by 35% this year, which is only 6.6 million tons, which is the main reason for the recent sharp rise in the price of corn in South Africa Japanese businessmen said that although they are willing to buy corn in South Africa at a price slightly higher than that in the United States, the price of corn in South Africa is too high at present The price of yellow corn on the South African futures exchange has risen to the highest level in nearly two years The delivery price of C § f exported to Japan in April is 1.6 USD / bushel higher than that of CBOT in May, while the price of corn exported from the United States is 1.6 USD / bushel The premium is 80 cents Japan bought a lot of corn from South Africa a while ago At that time, the price of corn from South Africa increased by 0 to 20 cents to that of corn from the United States Businessmen had expected Japan to import 1 million tons of corn from South Africa this year, but now it seems impossible Japan imported less than 2000 tons of corn from South Africa in 1999 / 00, but the import volume in the first few months of this year was quite large The import volume in December last year was 64000 tons, and the import volume in January this year was 95150 tons YDF (author:)
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