According to a report by Agrimoney, Argentina has replaced the U.S. as the main supplier of corn to Colombia, and probably in the near future Canada will do the same with wheat.
U.S. corn exports to Columbia have crashed: In 2007 the U.S. supplied 96% of Columbia’s corn. In 2010, the United States supplied a meesley 19%!!!
But don’t blame Argentina for crashing U.S. farm exports, Canada is about to kick the United States of America’s ass as well.
Columbia and Canada signed a free trade agreement on August 15. Within ten days of the deal wheat buyers in Columbia ordered 125,000 tons of Canadian wheat!!!
On top of that, Nutresa, Columbia’s biggest cookie and pasta maker announced that their main source of wheat will now be Canada!!!