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).
Representatives from the U.S. Grains Council's (USGC's) office in Southeast Asia participated in two regional conferences this month to provide context, industry insights and actionable market intelligence to customers of U.S. agricultural commodities.
As trade in food and feed ingredients continues to increase to meet rising demand, risks and opportunities will also invariably increase, making this type of one-to-one outreach and the information USGC can provide even more valuable.
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.
Southeast Asia's imports of U.S. corn gluten meal (CGM) has swelled this past year by 47 percent, nearly reaching 400,000 metric tons. This is a vital market for U.S. CGM with three of the top 10 U.S. export markets located in the region.
Indonesia alone, the largest overall market, accounted for 25 percent of the U.S. export market, importing more than 256,000 tons of CGM in 2013, valued at $176 million—a 36 percent increase from 2012. This record level of U.S. CGM imports was driven by a large demand for a high-quality protein source from Indonesia's poultry industry.
- Largest corn importer in Southeast Asia, will surpass 7 MMT in 2016.
- Imports 1 MMT of feed wheat.
- #3 DDGS importer in MY2016 at over 1 MMT.
- Expected to become number 1 feed market in SEA in 2017.
- Forecast to become the world’s largest per capita consumer of pork by 2020.
- Population: 95.3 million
- Population growth: 0.95%
- Urban %: 33.6%
- Urban growth: 2.95%
- GDP: $552.3 billion
- GDP growth: 6.7%
- GDP per capita: $6,000
- High commercial
- 18 MMT total feed production, up 7% YOY.
- Thai farmers shifting out of corn and opting instead for cassava.
- Gradual recovery in shrimp production seen after Early Mortality Syndrome outbreak.
- Flattening feed production growth outlook.
- Feed production breakdown: broiler = 40%, swine = 30%, layer = 20%.
- Population: 68.2 million
- Population growth: 0.32%
- Urban %: 60.4%
- Urban growth: 2.97%
- GDP: $1.108 trillion
- GDP growth: 2.8%
- GDP per capita:
- More or less 100% dependent on imported soymeal.
- Top Asian destination for U.S soymeal.
- SEA’s 2nd largest producer of corn with about 60% yellow and 40% white.
- RA 9367 give authority for 5-10% blend rate with potential to E20.
- Population: 102.6 million
- Population growth: 1.59%
- Urban %: 44.4
- Urban growth: 1.32%
- GDP: $741 billion
- GDP growth: 5.8%
- GDP per capita: $7,300
- A complex archipelago with over 7,000 islands.
- One of the faste
- World’s fourth largest feed producer (after China, U.S., Brazil).
- World’s largest dairy herd.
- Big swings in monsoon weather creates production risk and stifle investment.
- Two main growing seasons - kharif and rabi - with kharif seeing 66% of the production.
- Large and sophisticated starch sector caters to India’s textile industry.
- Population: 1.237 billion
- Population growth: 1.19%
- Urban %: 32.7%
- Urban growth: 2.38%
- GDP: $7.965 trillion
- GDP growt