Category: corn

As Thailand’s Cabinet approves a landmark decision to expand duty-free imports of U.S. corn, the numbers tell a story that has been building for years. The latest UN Comtrade data (as reflected in the attached chart) showcases a steady yet uneven pattern in U.S. corn exports (HS Code 100590) to Thailand — from a high of $5.97 million in 2020, dipping to $1.71 million in 2022, and gradually recovering to $3.01 million in 2024.

In the 2024/25 marketing year, Morocco asserted itself as a formidable player in the European sweet corn market. Exports reached 21,800 tons, surpassing the 20,000-ton milestone for the first time and generating over USD 20 million in revenue, according to EastFruit and Global Trade Tracker via Morocco’s Office des Changes. Beyond the headline figures lies a narrative of strategic agility, market foresight, and the subtle recalibration of regional trade flows.

At the moment, there are notable fluctuations in the corn market. Corn prices in the Vihar region of Bihar increased by 32% in three days, only to decline shortly after by $0,90 per quintal. Due to growing market supply, market analysts anticipate a further drop of $2,40 per quintal in the near future.

In an effort to increase foreign currency income, the Government of Ukraine announced on 16th May that it has removed restrictions to export agricultural products that were put in place in the previous year to prevent food shortages.

Corn, with its numerous industrial applications, is an excellent gluten-free substitute food.