South and Southeast Asia are regions ripe with potential for wholly new demand for U.S. grain and grain products, including distiller’s dried grains with solubles (DDGS) and ethanol. Complex, vibrant and growing, countries in this area of the world are increasing both consumption and production of high-quality proteins and biofuel. Manuel Sanchez, the new director of the Council’s regional office in Kuala Lumpur, Malaysia, discusses this potential and hot topics in the region here.
The U.S. Grains Council (USGC) and the U.S. Soybean Export Council (USSEC) joined forces this month to put on two one-day workshops for Southeast Asian buyers looking for the latest in market and harvest information and details about how U.S. agricultural products can benefit their businesses.
Manuel Sanchez, USGC regional director for South and Southeast Asia, provided timely insights on the 2017/2018 coarse grains outlook, while other presenters provided outlooks on the global overview for grains and oilseeds.
Deb Keller, U.S. Grains Council (USGC) chairman, left corn harvest preparations at her farm in Iowa behind this week to speak directly with customers during the Southeast Asia Agricultural Leadership Summit (SEALS) in Auckland, New Zealand.
The U.S. Grains Council (USGC) named Manuel Sanchez as its new South & Southeast Asia regional director, effective Aug. 15.
Sanchez previously worked as the assistant director in the region, a new position created by the USGC Board of Directors in September 2016 as part of an effort to more effectively serve these growing markets for U.S. feed grains and co-products.
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