7/30/2019 World of Corn 2007

1/11

7/30/2019 World of Corn 2007

2/11

Mncrf{akkgbz6

Zlktk}nitf{cj}ykggbct{tngN`k

tbmnzlnzb}gbazbcizlkkczbtkcnzbfc

#Nckqkt-}ztfciktp{g}k

dknzbcibczlkLkntzgncj}bicngbci

tkh{qkcnzbfc'tkdbtzl'tkckyng#

Nztk`kcjf{}}{tikfakcktirik

cktnzkjbcN`ktbmn}mftcabkgj}#

Jf`k}zbmkcktirbczlkaft`fatkckyndgkkzlncfgzlnzb}cfzfcgr

b`ptfqbcif{tlf`kgncj

}km{tbzrncjf{tdngncmkfaztnjk

d{zb`ptfqbcif{tkcqbtfc`kcz#

Kmfcf`bmkcktirjtbqkcdr{cptk

mkjkczkjgkqkg}fabcqk}z kczbct{

tngmf``{cbzbk}ncjzlk

pfykta{gb`pnmzfaqng{k-njjkjni

tbm{gz{tk{pfczlklkngzlncjqbzngbz

rfa@nbc]ztkkz[]N#

L{`nckcktira{kgkjdrn}nak'nd

{cjnczncjnaaftjndgkaffj}{ppgr

atf`mftc-jktbqkj

affj}ncjbcitkjbkcz}zfzlkc{ztbz

bf{}`knzptfj{mz}zlnzntktnb}kj

fcmftcncjzlk

mfptfj{mz}fakzlncfgptfj{mzbfc#

N}ngynr}'N`ktbmnb}gffebcizfnit

bm{gz{tkbz}tkgbndgkaf{cjnzbfcncj

itknzk}z}ztkcizlncj

mftcbcpntzbm{gnt'zfnjjtk}}zlkc

nzbfc}mlnggkcik}ncjmnpbzngbxkfc

fppftz{cbzr#Bcanmz'zlk

kczbtkyftgjb}tkmficbxbcizlnzmf

tcncjzlkzngkczkjptfj{mkt}yl

fitfybzntkpfb}kj

zfptfqbjkkcktiraftzlk}fg{zbfc

}ckkjkjbczlkrknt}nlknj#

Jfcz`nekzlk`b}znekfazlbcebci

zlnzn[#]#mftcptfj{mktb}cz{p

zfzlkzn}e#Zlb}

bcmtkjbdgkjk`ncjb}k|nmzgrylnz

mftcant`kt}lnqkdkkcyftebciz

fyntjaftjkmnjk}#

Ncjzlkr}zncjtknjrzf`kkzzlkm

lnggkcik}fazlb}k|mbzbcia{z{tknc

jgbqk{pzfzlk

k|pkmznzbfc}fazlf}k

ylflnqkpgnmkjzlkbtanbzlbczlk

ndbgbzrfaN`ktbmncant`kt}zf

mfczbc{kjfbciylnzzlkrjfdk}z#

N}zlkCnzbfcngMftcItfykt}N}}f

mbnzbfcmkgkdtnzk}bz};?zlnccbqkt}

ntrbc4??9'ykmnc

n}}{tkrf{zlnzzlkcnzbfc}mftcp

tfj{mkt}ntkmfcabjkczncjmnpndg

k#

D{z`f}zfangg'N`ktbmn}mftcptf

j{mkt}ntkkcktibxkj#

Ekc@mMn{gkrTbmeZfg`nc

_tk}bjkczMKF

Ekc@mMn{gkr

TbmeZfg nc

4??9 Yftgj fa Mftc >

7/30/2019 World of Corn 2007

3/11

4??9 Yftgj fa Mftc :yyy#cmin#mf`yyy#cmin#mf`

Mftc ant`kt} ntk mf``bzzkj zf itfybci zlkbt mtfp

bc ynr} zlnz ptfzkmz ncj ptk}ktqk zlk kcqbtfc`kcz#

Zlk njqkcz fa dbfzkmlcfgfir bc mftc lrdtbj} ln}

lkgpkj ant`kt} itfy `ftk mftc fc gk}} gncj {}bci

akykt mlk`bmng} ncj pk}zbmbjk}a{tzlkt tkj{mbci zlk

kcqbtfc`kczng b`pnmz fa nitbm{gz{tk ylbgk bcmtkn}bci zlk

mftc }{ppgr aft affj' a{kg ncj abdkt# Bc anmz' zlk {}k fa

dbfzkml lrdtbj} cfy tkj{mk} zlk {}k fa mtfp ptfzkmzbfc

ptfj{mz} dr `ftk zlnc 4? `bggbfc pf{cj} ncc{nggr#

]ztbmz ncnik`kcz ptfzfmfg} k`pgfrkj dr ant`kt}

lkgp kc}{tk zlnz zlk}k dbfzkml mftc ikckzbm} a{gabgg zlkbt

ptf`b}k ybzlf{z njqkt}kgr naakmzbci zlk kmf}r}zk`#

Nz zlk }n`k zb`k' mftc bz}kga b} dkbci {}kj zf b`ptfqk

f{t kcqbtfc`kcz bc ncr ynr}#

Fzlkt cnzbfc} ntk ykgg nlknj fa zlk [cbzkj ]znzk}

bc zlk {}k fa dbfpgn}zbm}ybzl }f`k' }{ml n} Hnpnc'

kqkc tk~{btbci zlkbt {}k# Zlk lbil ptbmk fa fbg'

mf`dbckj ybzl bcmtkn}kj ptfj{mzbfc kaabmbkcmbk}'

b`ptfqkj zkmlcfgfir ncj itknzkt bczktk}z bc

kcqbtfc`kcznggr atbkcjgr nzktbng}' ln} lkgpkj

mftc-dn}kj pgn}zbm} z{tc zlk mftckt bc zkt`} fa

kmfcf`bm akn}bdbgbzr# Tkznbgkt} gntik ncj }`ngg ntk

bcmftpftnzbci pnmenibci' mfcznbckt}' ibaz mntj} ncj

fzlkt bzk`} njk atf` pfgrgnmzbm nmbj ,_GN"' n

mftc-jktbqkj pfgr`kt ybzl }bicbabmncz dkckabz} bc

zkt`} fa dbfjkitnjndbgbzr ncj pkztfgk{` tkpgnmk`kcz#

Lbil-pktaft`ncmk kzlncfg ln} n ptfqkc ztnme tkmftj

fa tkj{mbci zf|bm k|ln{}z k`b}}bfc} ncj b`ptfqbci

nbt ~{ngbzr bc nhft mbzbk}# Njjbzbfcnggr' jk`ncj aft

4??9 Yftgj fa Mftc =

kcqbtfc`kcznggr }nak kzlncfg ln} dkkc }p{ttkj dr zlk

kgb`bcnzbfc fa @ZDK' n pkztfgk{`-dn}kj in}fgbck

njjbzbqk zlnz pfgg{zk} itf{cjynzkt#

Kzlncfg ptfj{mzbfc b} }~{kkxbci kqkc `ftk f{z fa n ektckg

fa mftc# Jtn`nzbm njqncmk} bc zkmlcfgfir lnqk g kj zf zlk

ndbgbzr zf ptfj{mk ckntgr zltkk inggfc} fa kzlncfg atf` n

d{}lkg fa mftc{p atf` 4#; inggfc} h{}z n aky rknt} nif#

C{`ktf{} tkgbndgk }z{jbk} lnqk }lfyc zlnz yk ikz {p zf

>#19 zb`k} `ftk kcktir atf` kzlncfg zlnc zlk kcktir bz

znek} zf ptfj{mk bzbcmg{jbci zlk kcktir tk~{btkj zf

pgncz' itfy' lntqk}z ncj ztnc}pftz zlk mftc# Njjbzbfcnggr'

kzlncfg pgncz} tkmrmgk f}z fa zlk ynzkt {}kj bc zlk

ptfj{mzbfc ptfmk}}#

Kcktibxbci Kcqbtfc`kczng]zkyntj}lbpBz} cfz h{}z ndf{z itfybci `ftk mftc#Bz} ndf{z lfy yk itfy bz# Ncj lfy yk {}k bz#

Cky {}k}fc zlk lftbxfc#

Tk}kntml b} {cjkt ynr zf jkqkgfp cky

zkmlcfgfibk} jk}bickj zf kaabmbkczgr

}kpntnzk ncj k|ztnmz {}ka{g mlk`bmng}

atf` mftc zlnz mnc tkpgnmk pkztfgk{`-

dn}kj mlk`bmng} bc nczbatkkxk' pgn}zbm} ncj

fzlkt nppgbmnzbfc}#

Fck }z{jr b} afm{}kj fc jkqkgfpbci n

tknmzft zlnz k|ztnmz} lrjtfikc atf`

kzlncfg# Zlk tknmzft zlkc akkj} lrjtfikc

in} bczf n a{kg mkgg' ylktk bz b} mf`dbckj

ybzl f|rikcptfj{mbci kcf{il pfykt

zf }{ppgr nc nqktnik lf`k#

Zlk BcjrMnt ]ktbk} ybgg {}k >?? pktmkcz

kzlncfg dkibccbci ybzl zlk 4??9 tnmbci

}kn}fc# Bcbzbng zk}z} bcjbmnzk zlnz zlk}k

lbil-pktaft`ncmk kcibck} d{tc mffgkt

ncj ikz dkzzkt `bgknik zlnc zlk ptkqbf{}

`kzlncfg-dn}kj a{kg# Zlb} ybgg gbekgr gknj

zf zlk jkqkgfp`kcz fa `ftk kaabmbkcz

mfc}{`kt qklbmgk} zlnz t{c fc K

7/30/2019 World of Corn 2007

4/11

4??9 Yftgj fa Mftc ;

Ybzl zlk TA]' zlk kzlncfg bcj{}ztr yn} gkibzb`bxkj

ncj qbtz{nggr fqktcbilz' zlk t{tng gncj}mnpk dkinc zf if

qktzbmng ybzl zlk kbilz-}zftr-lbil jb}zbggnzbfc mfg{`c}

zlnz ntk zlk ptf`bckcz aknz{tk fa nc kzlncfg pgncz#

Ngfci ybzl zlk}k cky dbftkabcktbk} mf`k zlf{}ncj}

fa a{gg-zb`k hfd}' bcmtkn}kj bcmf`k ncj bcqk}z`kcz

fppftz{cbzbk} aft mftc ptfj{mkt}ncj kmfcf`bm

qbzngbzr zlnz mf{t}k} zltf{il t{tng mf``{cbzbk} ncj

kqkcz{nggr tkqktdktnzk} zltf{ilf{z zlk kczbtk cnzbfc#

N ]kpzk`dkt 4??1 }z{jr bcjbmnzk} zlnz n ant`kt-fyckj

;? `bggbfc inggfc jtr `bgg kzlncfg pgncz mfcztbd{zk}

n} `{ml n} ;1 pktmkcz `ftk zf zlk gfmng kmfcf`r

zlnc nc nd}kczkk-fyckj pgncz{cjkt}mftbci zlk

b`pftzncmk fa ant`kt fyckt}lbp zf t{tng jkqkgfp`kcz#

@ftk b`pftznczgr' zlb} nmmkgktnzbfc fa zlk jf`k}zbm

ptfj{mzbfc fa tkckyndgk a{kg b} lkgpbci tkj{mk f{t

tkgbncmk fc b`pftzkj fbg ncj zlk jtni fc f{t cnzbfc}

kmfcf`r zlnz mf`k} atf` lbil fbg ptbmk}# N} k`ktibci

cnzbfc} }{ml n} Mlbcn ncj Bcjbn }bplfc faa kqkc

`ftk fa zlk yftgj} fbg }{ppgr' N`ktbmn} ndbgbzr zf

itfy bz} fyc a{kg ybgg dkmf`k kqkc `ftk mtbzbmng

zf f{t ykgg dkbci ncj gfci-zkt` }{mmk}}#

N`ktbmn ln} dkkc nz zlk `ktmr fa b`pftzkj fbg aftjkmnjk}# Zlb} zb`k' bz gffe} gbek yktk abcnggr ibqbcimftc n tkng fppftz{cbzr zf jf }f`kzlbci ndf{z bz#

N`ktbmn} Kmfcf`rKcktibxbci

Bc 4??1' ptbmk} nz zlk in} p{`p }fntkj zf {cptkmkjkczkj

gkqkg}# H{}z n} zlkr jbj bc zlk >29?}# Ncj ninbc bc zlk >22?}#

Zlk}k }pbek} lnqk dkkc j{k bc gntik pntz zf N`ktbmn}

jnciktf{} njjbmzbfc zf b`pftzkj fbg# Zlb} zb`k' bz gffe}

gbek yktk }ktbf{} ndf{z jfbci }f`kzlbci ndf{z bzzlnce}

zf jkmnjk} fa yfte dr zlk mftc bcj{}ztr#

Zlk Tkckyndgk A{kg} ]zncjntj ,TA]" bc zlk 4??; kcktir

dbgg tk~{btk} zlnz 9#; dbggbfc inggfc} fa tkckyndgk a{kg

}{ml n} mftc-dn}kj kzlncfg dk bcmg{jkj bc zlk cnzbfc}

ztnc}pftznzbfc a{kg }{ppgr dr 4?>4# ,Bz nppknt} ykgg

nmz{nggr dk zlktk dr 4??

7/30/2019 World of Corn 2007

5/11

yyy#cmin#mf`

Lfy mftc ptfj{mkt}ybgg `kkz itfybcijk`ncj#

N} mftc mfczbc{k} zf kcktibxk `ftk }kmzft}

fa f{t kmfcf`r' zlk jk`ncj aft mftc b}

itfybci nz nc {cptkmkjkczkj tnzk# Lktk

ntk }f`k tkn}fc} ylr N`ktbmnc mftc ant`kt}

ecfy zlkr mnc ekkp {p ybzl zlk jk`ncj

aft zlkbt ptfj{mz8

Mftc rbkgj} lnqk mfc}b}zkczgr bcmtkn}kj

rknt nazkt rkntnc nqktnik fa ndf{z

=#; d{}lkg} pkt rknt fqkt zlk gn}z jkmnjk#

Dn}kj fc zlk >?-rknt lb}zftbmng ztkcj'

mftc rbkgj pkt nmtk mf{gj tknml >;# Aft mf`pntb}fc' zlk nqktnik rbkgj

bc >29? yn} ndf{z 94 d{}lkg} pkt nmtk#

Mfczbc{kj jkqkgfp`kcz} bc dbfzkml-

cfgfir ntk gknjbci zf bcmtkn}kj rbkgj}

itfyc ybzl akykt pk}zbmbjk} ncj tkj{mkj

bcp{z}# Zlb} mf{gj kn}bgr nmmkgktnzk zlk

bcmtkn}k bc pkt-nmtk rbkgj c{`dkt}#

Jtf{ilz-zfgktncz mftc b} fc zlk lftbxfc'

ylbml ybgg bcmtkn}k ptfj{mzbfc ncj

a{tzlkt kclncmk zlk mfc}b}zkcmr fa zlk

mftc }{ppgr#

Jk`ncj aft mftc bc zlk gbqk}zfme }kmzft

ln} dkkc tkgnzbqkgr }zndgk aft zlk gn}z >?

rknt}# ]f ln} zlk jk`ncj aft cfc-kzlncfg

bcj{}ztbng ptfmk}}bci# Mftc k|pftz}

lnqk ztkcjkj {p fcgr }gbilzgr# Lfykqkt'

igfdng jk`ncj aft jb}zbggkt} itnbc} b}

fc zlk tb}k#

@ncr ant`kt} lnqk zlk mlfbmk fa itfybci

n c{`dkt fa mtfp}# Ba zlk jk`ncj k|b}z}

aft mftc' mftc b} ylnz zlkr ybgg itfy#

Kcktibxbci N`ktbmn}]kga-TkgbncmkYkqk ngtknjr }kkc zlk kaakmz} fa tkgrbci fc fzlkt} aftf{t fbg# Ylnz yf{gj lnppkc b a yk inqk fzlkt cnzbfc}mfcztfg fqkt f{t affj }{ppgr n} ykgg6

N`ktbmnc mfc}{`kt} kchfr zlk }nak}z' `f}z nd{cjncz

ncj f}z naaftjndgk affj }{ppgr bc zlk yftgj# Zlk

nqktnik [#]# mfc}{`kt }pkcj} 2#2 pktmkcz fa lf{}klfgj

bcmf`k fc affj# Mfc}bjkt zlk}k tf{il pktmkcznik

mf`pntb}fc} aft fzlkt mf{cztbk}8 @k|bmf ,4:#2"' Hnpnc

,>:#:"' Atncmk ,>:#2"' Zlnbgncj ,42#4" ncj Bcjfck}bn

,;;#>"# Zlk tk}{gz8 N`ktbmnc} lnqk ftk jfggnt}

nqnbgndgk zf p{tmln}k fzlkt iffj} ncj bcqk}z bc

tk}kntml ncj jkqkgfp`kczncj zlk`}kgqk}#

N tkgbndgk affj }{ppgr dkmf`k} kqkc `ftk b`pftzncz

n} zlk pfp{gnzbfc itfy} nz lf`k ncj ndtfnj#

Tk`k`dkt' dbftkabcktbk} jfcz h{}z ptfj{mk a{kg#

Zlkr ptfj{mk bcitkjbkcz} {}kj bc affj aft pkfpgk

ntf{cj zlk yftgj#

Dbftkabcktbk} ng}f ptfj{mk n lbil-qng{k akkj mnggkj

jb}zbggkt} itnbc} zlnz b} dkbci {}kj ybzl itknz }{mmk}}

n} n }{ppgk`kcz ft tkpgnmk`kcz aft ztnjbzbfcng mftc

bc gbqk}zfme tnzbfc}# Bc kaakmz' yk ntk b`ptfqbci

zlk kaabmbkcmr fa mftc {}nik dr mtknzbci affj ncj

a{kgbc}zknj fa }b`pgr gbqk}zfme akkj#

Mftc ptfj{mkt} ntk yftebci lntj zf kc}{tk zlnz

gbqk}zfme ptfj{mzbfc mfczbc{k} zf zltbqk bc zlk [cbzkj

]znzk}# Zlk bczktjkpkcjkcz mftc-kzlncfg-gbqk}zfme

ztbncigk tk~{btk} zlnz ngg zltkk pntzckt} dk }ztfci aft

fpzb`{` }{mmk}}# Mftc ptfj{mkt} ntk lkgpbci a{cj

tk}kntml fc zlk {}k fa jb}zbggkt} itnbc} aft pfte ncj

pf{gztr ptfj{mzbfcncj b`ptfqbci zlk ~{ngbzr'

jkgbqktr ncj kaabmbkcmr fa jb}zbggkt} itnbc} bc dkka ncj

jnbtr mnzzgk ptfj{mzbfc#

Fzlkt tk}kntml b} afm{}kj fc `nppbci zlk mftc ikcf`k'

kqkcz{nggr gknjbci zf mftc ybzl ztnbz} }pkmbabmnggr aft {}k

bc `kjbmbck}' c{ztnmk{zbmng}' bcj{}ztbng nppgbmnzbfc} ncj

affj}b`ptfqbci zlk gbqk} fa pkfpgk ntf{cj zlk yftgj'

ylbgk njjbci qng{k zf N`ktbmn} mftc mtfp#

4??9 Yftgj fa Mftc 9

mfczbc{kj fc pnik >?

7/30/2019 World of Corn 2007

6/11

@fc}nczf b} >?? pktmkcz jkjbmnzkj zf zlk ck|z ikcktnzbfc

fa bccfqnzbfc zf jkgbqktbci zlk zkmlcfgfir zlnz ybgg lkgp

rf{ `ftk kambkczg r itfy mtfp} n} ykgg n} rf{t dfz zf` gbck#

Nz @fc}nczf' yk ntk kczbtkg r mf``bzzkj zf nit bm{gz{tk}a{z{tk# Ncj rf{t}#

N} rf{ pgnc zlk ck|z rknt'yk ntk tk}kntmlbci zlk ck|z zkc#

4??1 @fc}nczf Mf`pncr#,4;>-9 CMIN mftc"

7/30/2019 World of Corn 2007

7/11

yyy#cmin#mf` 4??9 Yftgj fa Mftc >>

N mgf}kt gffe nz zlk mf`pf}bzbfc fa n mftc ektckg#

Zlk kcjf}pkt` nmmf{cz} aft ndf{z

7/30/2019 World of Corn 2007

8/11

yyy#cmin#mf` 4??9 Yftgj fa Mftc >=

[#]# Mftc Nmtk} _gnczkj' >2=1-4??1

>?>

'2;2

?4

?:

?=

?;

[#]# Mftc _tfj{mzbfc' >2=1-4??1

>'4

;2 4

'2>1

='?

9;

:'>

1

2'2

>;

2';

?=

'>>:

>>

'

?4

?:

?=

?;

[#]# Mftc Mtfp Qng{k' >2;1-4??1

*;

#>9

*>=

#;4

*>4

#;>

*4;

#>;

*44

#=;

*>9

#>?

*>

#42

*=

#4?

[#]# Mftc Nmtk} Lntqk}zkj' >2=1-4??1Zlf{}ncj Nmtk}

]f{tmk8 []JN' CN]]' Mtfp _tfj{mzbfc 4??1 ]{``ntr' Hnc# >4' 4??9#

19

'>9

9?

'1:;#

7/30/2019 World of Corn 2007

9/11

yyy#cmin#mf` 4??9 Yftgj fa Mftc >;

Mftc Mfc}{`pzbfc

Affj' ]kkj ! Bcj{}ztbng ,A]B" [}nik' >2

21

29

2

?4

?=

?;

>'

>;=

>'

:4;

4'

2

>'

124

>'

9'

'

2>=

>'

2;9

?:

4'

?:1

(?1

4'

;=9

4'

=:?

@bggbfc D{}lkg}

(@ntekzbci rknt kcjbci N{i# =>' 4??9]f{tmk8 []JN' KT]' Akkj F{zgffe' Hnc{ntr 4??9

='

;=;

4'

129>

4>?

4

424

:1

4:;

4>2

444

4>9 4

42

@bggbfc D{}lkg}

(@ntekzbci Rknt Kcjbci N{i# =>' 4??9

]f{tmk8 []JN' KT]' Akkj F{zgffe' Hnc{ntr 4??9

4:?

444

21

29

2

?4

?=

?;

?:

(?1

[#]# Mftc K|pftz}' >22>-4??1

2>

21

29

2

?4

?=

?;

>'

;'

;?=

>'

292

>'

2=9

>'

2:>

?:

>'

2?;

(?1

>'

2??

>'

;' 4??9

]f{tmk8 []JN' KT]' AkkjF{zgffe' Hnc >9' 4??9

Akkj&Tk}bj{ng;?#2#>+

@bggbfc D{}lkg}

K|pftz}

Mnttr-f{z

Akkj ! Tk}bj{ng

Affj' ]kkj ! Bcj{}ztbng

>'???

4'???

='???

:'???

;'???

1'???

9'???

[#]# Mftc [}nik dr ]ki`kcz' >22=-4??1

(@ntekzbci Rknt Kcjbci N{i# =>' 4??9 ]f{tmk8 []JN' KT]' Akkj F{zgffe' Hnc# 4??9(?1

?;

?:

?=

?4

?>

??

22

2;?

>'=

4=

[#]# A{kg Kzlncfg _tfj{mzbfc' >2

21

29

2

?4

?=

?;

9>?

2;?

>'

>??

>'

=??

>'

:??

>'

:9?

>'

1=?

>'

99?

?:

4'

>=?

(?1

='

:??

4'