date:Nov 21, 2012
aid. Prior to the 2007-2008 food crisis and spike in commodity prices, the U.S. exported well over half the amount of corn that entered international markets. Since then, the high prices have caused the rest of the world to expand their production and become more self-sufficient.
Even if we get bigger corn crops in the future, it's likely that the demand in foreign markets will not soon recover to the level that it once reached.
USDA statistics bear that out. In the 2007-2008 marketing year, t