News & Events
Members of the 2017 Agriculture Trade Goodwill Mission pledged Wednesday to purchase 5 million metric tons (197 million bushels) of U.S. corn and 500,000 tons of U.S. distiller’s dried grains with solubles (DDGS) between 2018 and 2019, echoing a rebound of U.S. corn sales to this long-term trading partner.
Washington, D.C. - Members of the 2017 Taiwan Agricultural Goodwill Mission pledged Wednesday to purchase 5 million metric tons (197 million bushels) of U.S. corn and 500,000 tons of U.S. distiller’s dried grains with solubles (DDGS) between 2018 and 2019. The commitment was made during a signing ceremony at the U.S. Capitol in Washington, D.C.
The U.S. government released international trade figures for July on September 6, the eleventh month of data for the 2016/2017 marketing year for corn and sorghum. With just one month of data still unpublished, U.S. exports of feed grain in all forms (GIAF) has set a new record high, the result of increased demand, competitive U.S. prices and extensive marketing efforts by the U.S. Grains Council (USGC).
Trade teams from South Korea have met face-to-face with U.S. farmers and grain suppliers in eight states in the last three months - all part of work by the U.S. Grains Council (USGC) to secure and expand U.S. exports to the third largest market for U.S. corn and distiller’s dried grains with solubles (DDGS).
A statement from the U.S. Grains Council (USGC):
"The Council strongly opposes withdrawal from the U.S.-Korea Free Trade Agreement (KORUS), an action that will lead to immediate and sustained losses in sales to our third largest corn customer.
"South Korea is an example of the transformational partnership available to U.S. grain farmers and their global customers through strong trade policy and overseas market development.
A statement from U.S. Grains Council (USGC) President and CEO Tom Sleight on the announcement that Vietnam will lift its suspension of U.S. distiller’s dried grains with solubles (DDGS) imports and ease fumigation requirements for U.S. corn and wheat imports:
“We are very pleased to hear the news from Vietnam overnight that, as of today, import permits will be issued for U.S. DDGS and new phosphine fumigation protocols will be acceptable for shipments of U.S. corn, DDGS and wheat.
At first glance, cattle feeders from Mexico may not appear to have much in common with Corona beer or the Mexican media. Yet each has a common reason for traveling to the United States in late August: learning more about the potential for collaboration and increased business between the United States and Mexico.
Saudi Arabia has nearly doubled purchased of U.S. corn this marketing year due to a combination of favorable government policy shifts, competitive prices and market development work by the U.S. Grains Council (USGC).
Industry experts and end-users shared technical knowledge and practical experience using U.S. corn, distiller’s dried grains with solubles (DDGS) and sorghum during a Regional Nutrition Conference conducted earlier this month in Peru.
As negotiators from the United States, Mexico and Canada began talks this week to modernize the North American Free Trade Agreement (NAFTA), the U.S. Grains Council (USGC) is undertaking new and creative efforts to educate stakeholders at home and abroad about its importance to the continued growth of global agriculture trade.