AMERICAN EXPOET CORN ( MAIZE ) IN EUROPE. 



35 



Table XIY .—Percentages of the corn crops of the five principal coni-ex porting countries 

 that were exported during the years from 1898 to 1907, inclusive. 



a E .xports from the United States are for the year beginning July 1 : from the other countries for the calen- 

 dar year specified. 



THE INTERNATIONAL TRADE IN CORN. 



Table XV shows the percentages of the total international trade in 

 corn represented by the exports of the five principal corn-exporting 

 countries each 3^ear for a period of eight 3^ears, from 1901 to 1907, inclu- 

 sive. The deductions were made from a table of exports, which, to- 

 gether w4th a table of imports, is published in the Yearbook of the 

 Department of Agriculture under the caption "International Trade 

 in Corn and Corn Meal." It is not claimed that the figures given in 

 those tables are exact, but that they represent substantially the inter- 

 national corn trade of the world. 



On the basis of this table it will be seen that for the whole period 

 the five countries shown supplied an average of 92.1 per cent 

 of the total international trade in corn; that the United States and 

 Argentina each supplied an average of more than one-third of that 

 trade. It will also be seen that from 1901 to 1905, inclusive, the per- 

 centages supplied by the United States increased rapidly and that 

 since the latter year those percentages decreased almost as rapidly, 

 while the percentages supplied liy Argentina show a rapid and sub- 

 stantial increase from the beginning of the period. 



T.\blp: XX. — The percentages of total international trade in corn represented by exports of 

 the five principal corn-exporting countries during the years from 1901 to 1907, inclusive. 



THE INFLUENCE OF POOR CONDITION UPON CORN PRICES. 



The economic features of the world's trade in corn, as represented 

 in the diagram and tables relating to the production, exports, and 

 international trade in that grain, undoubtedly account to a large extent 



[Cir. 55] 



