Word from the Ground
USGC Provides Insight from China Corn Harvest Tour
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- Category: Word from the Ground
- Published on Thursday, 04 October 2012 20:01
The U.S. Grains Council recently-concluded its 16th Annual China Corn Harvest Tour. China is the second largest corn producer in the world - and the country has recently emerged as a corn importer - a fact which the Council says emphasizes China's role as a key factor in corn pricing, supply and demand across the world.
USGC President and CEO Tom Sleight says this year's tour consisted of two surveys in the North China Plains and Northeast China.
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Press Conference: USGC 2012 China Corn Harvest Tour
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- Category: Word from the Ground
- Published on Thursday, 04 October 2012 19:07
Upon completion of the U.S. Grains Council's 16th Annual China Corn Harvest Tour, participants share insights from China's major corn growing regions. Although China is the world's second leading corn producer, its recent emergence as a corn importer has emphasized its role as a key factor in global corn pricing, supply and demand. USGC advisory team member Ed Breitmeyer will share observations from his participation in the tour. Bryan Lohmar, USGC director in China, will also discuss the Council's ongoing strategic dialogue with China and the impact this has for the United States.
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Turkey Reduces Import Duties on Selected Feedstuffs
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- Category: Word from the Ground
- Published on Thursday, 27 September 2012 20:33
By Cary Sifferath, U.S. Grains Council Regional Director for the Middle East, Africa, and Europe
The Turkish government recently announced that it would reduce the import duty for soybean meal and wheat bran from 13.5 percent to 5 percent. In addition, TMO (Turkish Grain Board) was given quotas of duty free imports of 500,000 MT of corn and 500,000 MT of barley from September 2, 2012 until May 31, 2014. Import duties on distillers dried grains with solubles (DDGS) and corn gluten feed (CGF) were not changed as they were already at four percent duty.
