As noted, the average amount of corn needed to meet the needs of the Japanese processors in the next 1-2 months, is 850 thousand tons. However, currently, the operational reserves are sufficient only to provide the monthly needs of producers of animal feed. In this case, before the end of March this year they can drop to critical level if the problem with the supply from the United States will not be solved.
The reason for the delay the arrival of American grain to Japan was a strong storm on the West coast of the United States, impeding the implementation of the shipments. In this regard, Japanese manufacturers of compound feed has already submitted requests for the use of emergency stocks of corn stored in the state reserve of the country, part of which was granted. Japanese traders are actively seeking alternative markets for procurement of maize, particularly in Australia, China and Russia.
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Translated by service "Yandex.Translation"