Dollar weighs on corn export movement

Dollar weighs on corn export movement

The Vice President of the U.S. Grains Council says corn exports in the new marketing year are off to a slow start.

Cary Sifferath tells Brownfield once the bulk of harvest is underway movement should pick up.

“We’re seeing the strength of the U.S. dollar versus other currencies, specifically our South American competitors in Brazil and Argentina, is affecting our competitiveness,” he says.

He says ethanol exports to Canada show promise as more provinces work to increase ethanol blending levels.