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Brazil's a corn power, too

(April 23, 2001 --Cropchoice news) -- Anyone who thought Brazil was an agricultural force only when it came to soybeans should think again. The fact that South Korea for the first time ever purchased corn from Brazil lends credence to predictions that the South American nation, which doesn't allow the commercial cultivation of transgenic crops, could provide some competition for U.S. corn growers.

The 52,500 metric tons that food-grade corn buyer KOCOPIA had purchased from Brazil in January arrived in South Korea on Thursday.

Unhappy with what it saw as a poor quality Chinese product and U.S. corn likely tainted with StarLink, KOCOPIA opted for the Brazilian crop.

In late March, AgWeb.com reported that Brazilian corn and soybean exports were surpassing last year's levels. At that time, the Brazilians had shipped or were preparing to ship more than 1.5 million tons or corn.

Brazilian growers are looking to capitalize on Asian and European demand for non-transgenic corn.

Source: AgWeb.com, Doane Agricultural Services