News & Events
Exports of U.S. corn and corn products generated $74.7 billion in annual economic output in 2014, with sales of all U.S. feed grain products contributing $82 billion, according to a new analysis conducted by Informa Economics.
WASHINGTON - USDA Acting Deputy Secretary Michael Scuse is leading a U.S. ethanol mission to Mexico on May 24-25 to explore trade opportunities between the two countries.
The mission participants include representatives from the Renewable Fuels Association, Growth Energy and the U.S. Grains Council who will attend meetings with government officials, legislators and the Mexican private industry.
As USDA explained, mission members will share their experiences with both ethanol production and the development of renewable fuels policies, with the goal of demonstrating how Mexico can implement its own renewable fuels program.
A new report out this week from the International Trade Commission (ITC) on the likely impacts of the Trans-Pacific Partnership (TPP) agreement predicted that exports of U.S. corn to the 11 other member countries would rise slightly, an impact magnified by additional exports of value-added products like meat and dairy that use corn.
U.S. Grains Council (USGC) Director of Trade Policy and Biotechnology Floyd Gaibler traveled to Japan last week to assess the economic and political environment for the Trans-Pacific Partnership (TPP) agreement and share results of two USGC studies on the agreement with local stakeholders.
The country initiated efforts to ratify TPP earlier this year, prompting the engagement with Japanese industry on the Council’s work to examine likely impacts on Japanese feed grains and livestock production, and in turn, U.S. exports of feed grains.
Chart of Note
Word from the Ground
By: Luis Bustamante, U.S. Grains Council Marketing Specialist for the Western Hemisphere
Something many thought was unthinkable happened this April when the U.S. Grains Council (USGC) escorted grain importers, embassy officials and high-ranking officials from Cuba to the United States for a mission to examine the U.S. grain export system.
Duane Toews and Mike Dwyer, Chief Economist @usgc talk #ethanol production. #KsAg #FarmFactor