Yellow Corn/Maize
Yellow Corn/Maize – is by far the largest component of global coarse-grain trade, accounting for about three-quarters of total volume in recent years. (Coarse grains make up a common trade category that includes corn, sorghum, barley, oats, and rye.) Most of the corn that is traded is used for feed; smaller amounts are traded for industrial and food uses. Processed-corn products and by product—including corn meal, flour, sweeteners, and corn gluten feed—are also traded in the world market.
Brazil is one of the largest producers of Yellow Corn in the world, 2nd only to the United States. Brazil production consists mainly of Yellow Corn for Human Consumption and Animal Feed. A Small percentage of the Yellow Corn grain cultivation is to meet the consumption required domestically in Brazil with the rest being exported worldwide.
High Quality Yellow Corn harvested is ready for exportation. Importers can select between Yellow Corn for Animal Feed and Yellow Corn for Human Consumption. Majority of Brazilian Yellow Corn is genetically modified organism (GMO) with a small percentage of Yellow Corn grown organically.
Corn is bought and sold by investors and price speculators as a tradable commodity using corn futures contracts. These “futures” are traded on the Chicago Board of Trade (CBOT). They are delivered every year in March, May, July, September, and December.