WASHINGTON, D.C. (RFD-TV) — American corn is attracting attention from Taiwanese buyers looking at U.S. grain supplies.
Mike Lefever with U.S. Grains and Bioproducts Colorado says visits with potential buyers are critical for expanding export opportunities.
“All the people that we met, they run, whether it’s a poultry operation, a feed lot? They’re looking at converting a lot more ethanol in Taiwan, so they’re very interested in what the United States has for corn and Colorado in particular. We’re a corn-deficient state. We bring corn in. The problem that some of these places have where you’ve got Midwest corn, they harvest a little bit higher moisture and they dry it. The corn gets handled so many times that it does get skinned, and when it gets skinned, it’s more susceptible to a few more problems. Colorado corn, obviously, as everybody knows, it dries down the field, and most of our corn is number one. They’re very interested then.”
While U.S. corn may cost more than supplies from other countries, Lefever says its higher ethanol and starch content can provide greater returns.
