USGC Creatively Develops Markets for U.S. Corn

U.S. Corn

While price is an important consideration for buyers of corn and other commodities, the United States’ reputation for reliability and honesty is also a significant market asset. The U.S. Grains Council has been promoting these benefits in top markets around the globe and will continue to do so as the United States begins harvest for another record corn crop.

The United States exported more than 11 percent of the U.S. corn supply in the 2013/2014 marketing year, which ended Aug. 31. More than 100 countries purchased the U.S. commodity. 

Latin America’s Barley Sector Builds Ties with U.S. Producers and Exporters

Javier

By: Javier Chavez, U.S. Grains Council Marketing Specialist in Mexico

Latin America’s primary use of barley is in the brewing sector, either as malt or malting barley. To strengthen this growing sector’s ties with U.S. barley producers and malt exporters, the U.S. Grains Council recently escorted two teams from Latin America and Mexico to key U.S. barley growing areas including Colorado, Montana and North Dakota.

Marri Carrow Transitions to Regional Director of the Western Hemisphere

Marri Carrow, U.S. Grains Council’s (USGC) longtime director of communications, moved this month to a new position as the Council’s regional director of the Western Hemisphere. In her new role, Carrow will identify and address critical trade, technical and policy factors to develop markets for U.S. coarse grains and co-products in that region. She will be based in the Council’s office in Panama.

Biofuels Mandates as Driver of Potential Ethanol Demand

This Chart of Note shows the theoretical volume of ethanol demand by non-U.S. markets with existing biofuels mandates. If countries enforced existing biofuels mandates using ethanol, their gasoline use in 2012 would suggest that the top 10 ethanol consumers would require 3.5 billion gallons of the renewable fuel. The next 10 would add another 393 million gallons of demand.

Building on Success: Council Continues Trade Servicing Efforts with Mexico

Mexican Group

As a result of proximity, steady demand growth, the North American Free Trade Agreement and the ability to ship grain by truck, rail and vessel, Mexico has been a top U.S. corn market for years. This year is no exception. So far this marketing year (Sept. 1, 2013, through July 10, 2014), Mexico has combined sales (accumulated exports and outstanding sales) of 10.5 million metric tons (413 million bushels), compared to 4.4 million tons (173 million bushels) over the same time period last year. Mexico is still a growing market for U.S. grains and the U.S.

All Signs Point to a Record-Breaking South American Harvest for Soybeans, But Logistical Hurdles Remain

The harvest outlook in Brazil and Argentina remains favorable with cooler weather and rains, although hot, dry conditions still persist in some areas of both countries. The region saw a significant fall in production due to a drought last season, leading to concerns over similar conditions this season. However, concerns have lessened with rain helping second-crop (safrinha) corn’s early stages in Brazil and crop estimate declines slowing in Argentina due to more favorable weather.

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