Colombia: U.S. Corn Imports Poised for Record Levels in 2015

  |   Attaché Report (GAIN)

U.S. corn exports to Colombia are dominating the market at the expense of Southern Common Market (MERCOSUR) competitors. As of June 22, 2015, U.S. yellow corn exports reached 2.43 million metric tons (MT) filling the calendar year (CY) 2015 quota and capturing about 98% of the corn import market share in Colombia to date. U.S. white corn exports to Colombia also filled the 158.1 thousand MT quota for CY 2015. Current high duties on MERCOSUR corn (above 50% in June 2015) under the Price Band System (PBS) of the Andean Community of Nations (CAN) continue to favor of sourcing U.S. corn both in and out-of-quota. 

Colomiba: U.S. Corn Imports Poised for Record Levels in 2015

 

Western Hemisphere, Colombia
Grains, Feeds and Fodders, Corn

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