On 7/21/2011 6:32 AM, HeyBub wrote: ...
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That's what the consortium of the food manufacturers and processors would like you to think; they're spending millions in a campaign to demonize ethanol as the convenient whipping boy to justify higher consumer costs.
From a USDA brief...
...The United States experienced record demand and corn production during 2007/08 that pushed U.S corn exports to 61 million metric tons. However, a slowing world economy and reduced demand for corn are projected to dampen corn exports in the near future. Nonetheless, global population increases and consumer demand for meat products will continue to support expanding feed grain exports in the long term.
World Corn Trade
While the United States dominates world corn trade, exports account for only a relatively small portion of demand for U.S. corn?about 15 percent. ...
From a (somewhat) surprising source; an Indian analysis...
As for the Mexican imports, they've gone up as well, significantly. However, as another noted, all corn for ethanol production is yellow field corn, not white or sweet corn for (direct) human consumption.
It's a complex, global economic system now and the interplay between competing governments various policies are certainly factors but there's far more going on that simply US ethanol. The rise of the EU and their protective and restrictive policies combined w/ the demise of the former Soviet Union has markedly changed the European marketplace. Brazil and Argentina being in the southern hemisphere can play the US weather patterns and target export markets specifically for those years when prices are high owing to poor weather in the US (and, to a far lesser degree, the US can try to anticipate in the other direction).
China has become a wild card; they oscillate between a large importer to a significant exporter depending on current conditions there and the whims of their central government regarding trade and subsidies.
It's all tied together...
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