Food Engineering
Home
Corn

Purdue economist: US unlikely to dominate future corn exports

USDA statistics support the claim.

By Shane O'Halloran
December 6, 2012

Purdue economist: US unlikely to dominate future corn exports

According to Phillip Abbott, an agricultural economist at Purdue University, the US’ dominance in the global corn market is waning as foreign nations that previously relied on the US for corn are growing their own or buying from other countries. Abbott says that the 2007-08 food crisis and commodity price spike forced the rest of the world to expand production and become more self-sufficient. USDA statistics support Abbott’s argument—they estimate a decrease from 2.4 billion bushels of corn exported in 2007-08 to just 1.1 billion in 2012-13.

Shane O’Halloran joined Food Engineering in November of 2012 as Digital/Online Editor. He graduated from Oberlin College in 2010, and worked as a copy editor and contributor to BleacherReport.com and ShesGameSports.com. He has also written feature articles on a freelance basis for publications in the western suburbs of Philadelphia. His areas of expertise include social media campaigns and website management. Shane produces daily news updates for www.foodengineeringmag.com and Food Engineering’s social media sites. In addition, Shane writes news articles for FE’s TechFlash e-newsletter and Food Engineering’s People and Industry section.