Bullish Outlook for Feed Grains, Global Food Trade

The outlook is good for global agricultural producers and agricultural trade, according to Curtis Jones, the global director of economic analysis for Bunge Global Agribusiness, who spoke Tuesday to the 450 attendees of the Export Exchange 2014 conference in Seattle, Washington. 

Delivering the keynote address, Jones said a rising population and rapidly growing incomes in the emerging economies will continue to support robust demand for feed grains and other agricultural products.

World Heads to Seattle for Export Exchange 2014

Nearly 180 international coarse grains buyers from 39 countries are arriving today in Seattle, Washington, for Export Exchange 2014, ready to meet with U.S. suppliers and service providers across the value chain. 

Export Exchange 2014, co-sponsored by the U.S. Grains Council (USGC) and the Renewable Fuels Association (RFA), is a biennial event aiming to make connections that will build and sustain business in the current market and for years to come. 

Final Preparations for Export Exchange 2014 Underway

Coarse grains customers from around the world are heading toward Seattle, Washington, for the biennial Export Exchange, scheduled for Oct. 20 to 22.

Sponsored by the U.S. Grains Council (USGC) and Renewable Fuels Association (RFA), the conference will include educational sessions and networking opportunities to help buyers and sellers deepen their relationships and set the stage for business in the coming year.

October WASDE Ups Predicted U.S. Corn Yield

The latest USDA World Agriculture Supply and Demand Estimates (WASDE) report released Oct. 11 is still predicting a record corn crop, with expected yields up 0.16 metric tons per hectare (2.5 bushels per acre) to a total of 10.9 tons per hectare (174.2 bushels per acre).

U.S. Grains Council Manager of Global Trade Manuel Sanchez discussed the outcomes of the report in a recent audio interview with the National Association of Farm Broadcasting (NAFB).

Chart of Note

Word from the Ground

USGC Conducts Webinar for Korean Poultry Nutritionists and Feed Formulators

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By: Byong Ryol Min, U.S. Grains Council Director in Korea
Although almost 80 percent of Korean mixed feed manufacturers have tried U.S. distiller’s dried grains with solubles (DDGS) in livestock and poultry diets, they have not continuously used the products. A few of them have incorporated it into their feed formulations, but with a lack of experience with the nutritional value of DDGS, they are hesitant to use the product in their rations.