- 25 November 2013 | News Room
U.S. agricultural exports have earned a place in the sun and you can too this February! The U.S. Grains Council is pleased to announce registration is now open for its 11th International Marketing Conference and 54th Annual Membership Meeting Feb. 10-12, 2014. Beneath the golden rays of sunshine in Long Beach, Calif., this year's annual meeting will feature discussions on key developments in the global market, including import policies, the future of freight and transportation, and strategies in global food security.
- 21 November 2013 | News Room
The port of Progreso is strategically located as a natural gateway to connect the year round feed importer, the Yucatan Peninsula, with the rest of the world by sea. Progreso port currently processes approximately 4 million metric tons of product, including hydrocarbons, agricultural bulk, containers and general cargo. Thanks to the North American Free Trade Agreement, a near 200 percent growth in sales has occurred of U.S. corn, sorghum, barley and related co-products to Mexico.
- 21 November 2013 | News Room
After two years of discussion, planning and organization, MAIZALL this week took to the field, meeting with key government and feed industry leaders in South Korea and China. A partnership of the national corn producer organizations of Argentina, Brazil and the United States, MAIZALL is an alliance of the world's top three corn exporting countries, working together to advocate the elimination of trade barriers, acceptance of modern agricultural technology and enhancement of food security through trade.
- 14 November 2013 | News Room
The first international MAIZALL mission is heading to Asia for a week of meetings with key industry and government officials in South Korea and China.
Launched in the spring of 2013, MAIZALL is a collaboration between the U.S. Grains Council, the National Corn Growers Association, ABRAMHILO and MAIZAR, the national corn producers organizations of Brazil and Argentina. While all three countries are, and will remain, vigorous competitors, the three also share common interests in market access, transparent and efficient global trading systems, and increased global acceptance of modern agricultural technology.
- 14 November 2013 | News RoomIn the wake of Typhoon Haiyan, which hit the Philippines on Nov. 8, the U.S. Grains Council reached out to third-party cooperators for an update on the situation. Reports indicate that the typhoon did not cause significant damage to the Filipino agricultural import structures and the Simon Group of Companies, the largest importer of distiller's dried grains with solubles, are ok. Coconut production has been impacted which may be felt by the feed industry since Filipino feeders use coconut and its by-product copra meal as a feed ingredient.
Chart of the Week
This week's U.S. Grains Council Chart of the Week shows the change the change in imports of U.S. corn from 2012 to 2013 in 14 Latin American countries. According to the USDA, the Western Hemisphere's accumulated U.S. corn imports are more than 1.7 million metric tons (67 million bushels) ahead of last year at this same time. Mexico, the second-largest U.S. corn market, is the largest contributor to this market change, importing 1 million tons (39.4 million bushels) more than last year.
While Mexico dwarfs other importers, both Colombia and Peru show significant increases of U.S. corn imports. These two dramatic turnarounds can be attributed to free trade agreements that removed trade barriers and made U.S. corn a more attractive and competitively priced product.
Word from the Ground
As global supplies of malt barley continue to tighten, many Latin American breweries are searching for ways to manage price risks. Take SABMiller for example, one of the world's leading brewers with brewing interests in seven Latin American countries. While it currently purchases malting barley from Argentina and Canada, it recognizes the volatility of the market and is open to diversifying suppliers in order to ensure long-term competitively.