On February 10, 2017 the South Korean company NOFI bought 210,000 tons of corn and 67,000 tons of wheat fodder of random origin and delivery in May and June.
The USA exported 18.192 mln tons of corn in the first four months of the season, which started in September; this is a 76% increase on the same period of the previous season.
The Ministry of Agriculture of China projected lower corn surplus in the country in the current season reducing it from 5.11 mln tons to 4.41 mln tons as a result of the rising domestic demand.
