News & Events
The U.S. Grains Council received word on Wednesday that Israel purchased 40,000 metric tons (1.6 million bushels) of U.S. sorghum, with intentions to purchase 60-80,000 tons (2.4-3.1 million bushels) in the near future. This purchase is a direct result of the recent agricultural export ban in Russia and the short supply of grain in Ukraine, where Israel generally fulfills its import needs.
Following a week-long trip to the United States, a team of Japanese barley industry leaders confirmed Japan’s long-term interest in purchasing U.S. barley.
This U.S. Grains Council program provided team members with updates about U.S. production and export supplies and enabled team members to meet face-to-face with U.S. barley producers, said Hiroko Sakashita, USGC associate director in Japan.
As global malt supplies tighten, many overseas breweries search for ways to manage their price risks when purchasing malt. As a result, some breweries have shown an increased interest in malting barley production contracts with U.S. producers. The Cerveceria Nacional Dominicana (CND) Brewery from the Dominican Republic is one such company.
The heart health claim approval in the United States for specific food barley varieties opens opportunity to increase U.S. exports of food barley to Japan where both traditional consumption of barley food products and increasing health concerns of the aging population already exist. The U.S. Grains Council, the leading export market development organization for corn, barley, sorghum and their co-products, works with the local Japanese industry to show the nutritional characteristics of U.S. food barley and to expand market opportunities for special U.S.
In its March 31 Planting Intentions report, the U.S. Department of Agriculture said U.S. farmers intend to plant some 3.3 million acres of barley in 2010. If that estimate holds, barley acres will fall by some 8 percent from last year’s 3.6 million – and would be well below 2008’s 4.2 million acres.
U.S. barley stocks as of March 1 totaled approximately 157 million bushels, an increase of 22 percent from March 1, 2009, even though barley use increased about 12 percent during the December 2009-February 2010 period when compared to prior year.
More than 1,500 attendees sampled food products made from U.S. barley at the U.S. Grains Council’s booth during the Taipei International Bakery Show held last week. The Council’s booth displayed information on the healthy characteristics of high beta-glucan U.S. barley while displaying recipes of bakery products, noodles, barley tea and more, all made from American barley.
FOODEX is the largest annual food expo in Japan, drawing more than 2,000 exhibitors from 60 countries and regions and 85,000 attendees. The U.S. Grains Council’s Japan office hosted a booth at the show and also participated in a cooking demonstration, where U.S. barley, corn meal and white sorghum recipes were showcased.
In an effort to encourage local production and generate revenue for the national treasury, Syria has recently imposed import duties on corn and barley, the U.S. Grains Council has learned. The duties were originally set at $77/metric ton but have since been scaled back due to industry pressure. They are currently at $22/ton for corn and $44/ton for barley.
The U.S. Grains Council, the leading U.S. organization for the market development of barley, corn, sorghum and their co-products, helped foster the sale of 200 metric tons (9,186 bushels) of U.S. high beta glucan hull-less barley (BG 012) to Taiwan. The McKay Seed Co. put the final touches on its contract with Tai-I and Taisun, Taiwanese importers, earlier this week. “The Council met with the Taiwan Barley Products Industry Association several times where we successfully introduced and convinced them to become interested in food barley,” said former USGC Senior Advisor in Taiwan CM Lynn.