Considerable concern surrounded the export potential for U.S. distiller’s dried grains with solubles (DDGS) following an adverse trade policy decision by Vietnam, a historic top buyer, in December 2016. Instead, other countries in the region increased DDGS purchasing, the Vietnamese market re-opened and the region set a new record at 2.3 million metric tons in DDGS imports in 2016/2017.
The Council recently conducted an on-the-ground assessment of the growth potential for Myanmar’s animal and feed manufacturing sectors - and how that growth could translate into increased exports of U.S. feed grains and co-products.
A short hour north of the Montana border, the U.S. Grains Council (USGC) is exploring the geographic advantage of unit trains carrying U.S. corn and distiller’s dried grains with solubles (DDGS) to Canadian feedlots around Lethbridge, Alberta.
Turkey’s imports of U.S. corn co-products surged in the 2016/2017 marketing year, a significant pay off for U.S. Grains Council (USGC) marketing programs in the country.
Turkey is the second largest buyer of U.S. distiller’s dried grains with solubles (DDGS) in the 2016/2017 marketing year (Sept.-July) with 1.29 million metric tons of imports, nearly double the total from last marketing year. Additionally, Turkey is the fourth largest buyer of U.S. corn gluten feed/meal, purchasing almost 196,000 tons in 2016/2017.
New Zealand’s got milk - record amounts of milk production - and the country’s dairy industry is feeding triple the amount of U.S. distiller’s dried grains with solubles (DDGS) year-over-year.
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.
U.S. exports of distiller’s dried grains with solubles (DDGS) to Southeast Asia have increased 16 percent so far this marketing year, according to data from the U.S. Department of Agriculture (USDA) and analysis by the U.S. Grains Council (USGC).
Free trade agreements help provide market access for some of the largest purchasers of U.S. grains and for some smaller but steady buyers. Israel, as the first market with which the United States signed a free trade agreement, is a good example.