News & Events
Recent events in foreign policy and the ongoing conversation about the value of U.S. trade agreements have put a spotlight on South Korea as a close U.S. ally and an important customer for U.S. products, including grains.
South Korea is now the fifth largest market for U.S. agricultural exports, totaling $6.2 billion in purchases in 2016. The country was the fourth largest importer of both U.S. corn and distiller's dried grains with solubles (DDGS) as well as the seventh largest importer of U.S. barley in the 2015/2016 marketing year.
Selling 50 metric tons of U.S. distiller’s dried grains with solubles (DDGS) may seem minor, but Javier Chávez, U.S. Grains Council (USGC) Mexico marketing specialist, views these small sales to cattle and dairy producers in southeastern Mexico as the start of another big opportunity for U.S. feed grains.
“The U.S.-Peru Trade Promotion Agreement has served to generate a continuing, symbiotic trade relationship between the United States and Peru that shows no signs of diminishing.”
U.S. Grains Council (USGC) programming helped one poultry producer in Tanzania shift her burgeoning poultry business into a full-blown brand of frozen chicken.
The U.S. Grains Council (USGC) recently released a new batch of online videos highlighting the importance of building and maintaining trading relationships and the work the Council does in grain markets around the world.
Malaysians eat a lot of chicken - upwards of 110 pounds per year per person. More of those chickens will soon be eating U.S. corn thanks to the arrival of a 68,100 metric ton (2.68 million bushels) bulk shipment last week, the second shipment received from U.S. origin recently following a five-year purchasing hiatus.
The U.S. Grains Council (USGC) and the Moroccan Poultry Association (known as FISA) sponsored the first in a series of training programs for West African poultry producers this month in Casablanca, with FISA and the Senegalese Poultry Association further cementing their relationship through a new memorandum of cooperation.
A recent sale of U.S. distiller’s dried grains with solubles (DDGS) to Saudi Arabia is an example of an increasingly diverse number of markets interested in the feed product and the impact of sustained market development in areas showing potential for long-term growth.
Last month, Saudi buyers purchased 18,000 metric tons of U.S. DDGS, a relatively large amount and a dramatic increase from total sales of just 8,400 metric tons in 2014.
In 2016, the United States was again the world’s largest net exporter of ethanol, according to U.S. Department of Agriculture (USDA) trade data and as demonstrated in this U.S. Grains Council (USGC) chart of note.
Net exports are calculated as the difference between exports and imports. The 2016 calendar year concluded with U.S. net exports of 838 million gallons, the second highest level ever, exceeded only in 2011. U.S. ethanol shipments exceeded 1 billion gallons, and incoming shipments totaled nearly 215 million gallons in 2016.
The U.S. Grains Council (USGC) presented a roadmap for increasing the production, use and trade of ethanol as a transport fuel across the Asia Pacific Economic Cooperation (APEC) region during meetings in Bangkok, Thailand, this week.