|                                    The                                   2020/2021 U.S. corn crop - entering marketing                                   channels now - has a higher average test weight,                                   lower moisture and lower total damage relative                                   to each quality factor's average of the previous                                   five crops, according to the U.S. Grains                                   Council's (USGC's) 2020/2021 Corn Harvest                                   Quality Report.                                                                       The                                   report is the 10th annual such examination of                                   the U.S. corn crop and was published globally on                                   Monday.                                                                        While                                   wet weather conditions in April and May                                   contributed to historic delays in planting and                                   crop maturity in 2019, the 2020 crop was planted                                   slightly ahead of the average pace of the                                   previous five crops and experienced generally                                   favorable conditions during the remainder of the                                   growing season, resulting in both high grain                                   quality and yield.                                                                      The                                   average aggregate quality of the representative                                   samples tested was better than the grade factor                                   requirements for U.S. No. 1 grade. The report                                   also showed that 84.7 percent of the samples met                                   the grade factor requirements for U.S. No. 1                                   grade and 94.5 percent met the grade factor                                   requirements for U.S. No. 2.                                                                                                          "Through                                   trade, the Council is committed to the                                   furtherance of global food security and mutual                                   economic benefit. We offer this report to assist                                   buyers in making well-informed decisions by                                   providing reliable and timely information about                                   the quality of the current U.S. crop," said USGC                                   Chairman Jim Raben, a farmer from Illinois.                                   "This year's ample supply allows the United                                   States to remain the world's leading corn                                   exporter and accounts for an estimated 36.4                                   percent of global corn exports during the                                   marketing year."                                                                                                         The                                   report is based on 601 yellow corn samples taken                                   from defined areas within 12 of the top                                   corn-producing and exporting states. Inbound                                   samples were collected from local grain                                   elevators to measure and analyze quality at the                                   point of origin and provide representative                                   information about the variability of quality                                   characteristics across diverse geographic                                   regions.                                                                                                          This                                   year's crop showed higher test weight than the                                   2019 and five-year average results; lower                                   average broken corn and foreign material (BCFM)                                   than in 2019; lower average total damage than                                   2019 and the five-year average; and lower                                   average moisture content than 2019 or the                                   five-year average. The crop also showed                                   higher-than-average protein concentration than                                   2019 and the five-year average; lower average                                   stress cracks than 2019; and lower average                                   100-kernel weight than 2019 or the five-year                                   average.                                                                      More                                   than 99 percent of the samples tested below the                                   U.S. Food and Drug                                                                        Administration                                   (FDA) action level for aflatoxins. A full 100                                   percent of the samples tested below the 5.0                                   parts per million FDA advisory level for                                   deoxynivalenol (DON) or vomitoxin. Of the                                   samples tested for fumonisin, 98.9 percent                                   tested below the FDA's strictest guidance level                                   of 5.0 parts per million.                                                                                                          The                                   2020/2021 U.S. corn crop is expected to be the                                   third largest (368.49 million metric tons/14,507                                   million bushels) and has the third highest                                   average yield on record (11.04 metric                                   tons/hectare or 175.8 bushels per acre),                                   according to the U.S. Department of Agriculture                                   (USDA) World Agricultural Supply and Demand                                   Estimate.                                                                                                          The                                   2020/2021 Corn Harvest Quality Report                                   provides information about the quality of the                                   current U.S. crop at harvest as it enters                                   international merchandising channels. A second                                   Council report, the 2020/2021 Corn Export                                   Cargo Quality Report, will measure corn                                   quality at the point of loading for export. It                                   will be available in early 2021.                                                                                                          The                                   Council will virtually present the new report's                                   findings to buyers around the world in roll-out                                   events starting on Dec. 11 in Southeast Asia.                                   Presentations will continue through the first                                   quarter of 2020, aiming to offer participants                                   clear expectations regarding the quality of corn                                   for this marketing year. During these events,                                   crop quality information is accompanied by                                   presentations on U.S. corn grading and handling,                                   which helps provide a better understanding of                                   how U.S. corn is moved and controlled through                                   export channels.                                                                     Additional                                   roll-out events are scheduled in January in                                   Latin America, South Asia, the Middle East,                                   Africa, Northeast Asia and Mexico.                                                                                                         Read                                   the full 2020/2021 USGC Corn Harvest Quality                                   Report here                                   and look for more information on                                   the rollout events in 2021 in future Council                                   publications.                                     | 
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.