The corn harvest in South America and zinc sulphate marketing prediction

Early this year, U.S. Department of Agriculture released a World Agricultural Supply and Demand report on January 11, which also brought effective zinc sulfate market information to Chinese suppliers. It showed that South American corn producers continue to grab a bigger percentage of the market share.

In this report, by this January, if including a 1.1 million ton increase for Paraguay, the total yield of South America for global course grain is projected 2.6 million tons. Among these South American countries, Paraguay’s yield grew by 1.1 million tons, Brazilian corn yield is raised by 1 million tons and Argentina’s is raised by 0.5 million tons. Conversely, Russia’s decrease by 0.5 million ton, as well as a 0.1 million ton decreased for both the Philippines and Serbia. It’s predicted that the total yield of South America would surpass 2.6 million tons more, which show great growing power for corn planting.

Recent year, China has cooperated with American countries more and more closely that the bilateral trade volume had passed 200 billion USD. As the American countries got the great corn harvest, it also leads Rech Chemical Co Ltd to pay more attentions to zinc sulfate marketing in South America countries as Paraguay, Brazilian and Argentina. Though Russia, Philippines and Serbia may show less demand for agricultural field, they still could be market breakthrough as fertilizer additives.