Commodity market maize mexico and usa

Maize is a very robust plant which can be cultivated all over the world. In many countries maize is a basic foodstuff, whereas in North America and Europe the grain is fed mainly to animals. In these countries maize only enters the diet of humans through meat consumption. The annual maize output is around million tonnes.

Commodity market maize mexico and usa

Maize Introduction Maize is one of the staples widely grown in Nigeria. However, its production is more in the Northern part of the country than in the South, which is largely forest in nature with heavy rainfall.

The maize grown in the southern part of Nigeria is rain fed while that grown in the Northern part of the country is an admixture of rain fed and irrigation.

USDA ERS - Commodity Outlook

Because of the scanty rainfall in the northern part of the country, maize growers support their production with fertilizer and water from irrigation. Maize as a cereal crop is high yielding, easy to process and readily digested. It is a versatile crop that grows across a range of agroecological zones.

That might explain why almost all farmers in Nigeria grow maize. Maize is one of the most important cereals in the world.

North America Maize Market | Size | Trends | Analysis

Maize has the highest world average yield per hectare among cereals followed by rice, wheat and millet. Maize has its significance as a source of a large number of industrial products besides its uses as human food and animal feed.

It is an important source of carbohydrate, protein, iron, vitamin B and minerals.

Commodity market maize mexico and usa

Africans consume maize as a starchy base in a wide variety of porridges, pastes, grits and beer. Green maize fresh on the cob is eaten parched, baked, roasted or boiled and plays an important role in serving as a stable menu for the downtrodden masses.

Variety There are principally two types of maize that are produced in Nigeria yellow and white maize. The two varieties of maize are grown in all the parts of the country in almost equal proportion.

A gram of these varieties of maize contains between 5 - 6 grains. Production of Maize Nigeria produces annually over 6 million tones out of million tones of maize produced worldwide.

The world trade in maize in the year was estimated at Nigeria does not participate much in the world trade in maize due to its high domestic demand pressure on the maize for industrial uses, animal feeds and consumption. Uses of Maize Maize is used as food in form of porridges of different types, boiled or roasted, corn flakes and popped grains.Commodity Markets Center Use the chart below to check futures prices for commodities.

Click the links for pricing on grains, livestock, oil and more and stay on top of what's going on in the markets. Aug 06,  · Commodity Outlook Overview ERS, working closely with the World Agricultural Outlook Board, the Foreign Agricultural Service, and other USDA agencies, conducts market analysis and provides short- and long-term projections of U.S.

and world agricultural production, consumption, and . Corn Prices in the United States Industry professionals tend to look at developments in US as a guideline for world corn prices.

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The US Department of Agriculture, USDA, makes estimates about both American and global supply and demand in a monthly report, which is . The most important trading venues for maize are the Chicago Board of Trade, the Bolsa de Mercadorias & Futuros, the Marche a Terme International de France, the Budapest Commodity Exchange, the.

Oct 30,  · Commodity market (Maize) Mexico and USA Summary: * Corn as a commodity has a high importance in both Mexico and the USA * In the USA, the most of the corn is used to feed livestock and for bio-ethanol production * Mexico also produces corn for the livestock feed but most of its corn production is purposed for making .

The world major producers of maize are USA followed by China and Brazil. The world trade in maize in the year was estimated at m MT. The major exporters are USA, China, Argentina, Brazil, Hungary and South Africa.

North America Maize Market | Size | Trends | Analysis