In May, the U.S. Grains & BioProducts Council (USGBC) held a trade conference introducing the technical and nutritional excellence of U.S. distiller’s dried grains with solubles (DDGS) and corn fermented protein (CFP) products and provided one-on-one business meeting opportunities with Korean buyers.
The conference attracted more than 70 buyers and end users from the swine, poultry and aquaculture feed industries interested in furthering their use of corn co-products. In marketing year 2024/2025, South Korea was the second-largest market for U.S. DDGS, importing 1.39 million metric tons at a value of more than $306 million.
“The aim of this business-to-business conference is promoting the excellence of U.S. DDGS and CFP products and providing U.S. suppliers with an opportunity to expand their exports through business meetings with Korean buyers.” said Haksoo Kim, USGBC director in South Korea.
U.S. suppliers in attendance had the opportunity to conduct presentations about their products, market trends, logistics status and more to establish a foothold in the South Korean market. In addition to the U.S. speakers, local experts spoke about the Korean aquaculture market and opportunities for expanding the aquaculture compound feed market.
“Thank you to the Council members that joined the meeting, including the to discuss their products and services and strengthen the trade relationship between U.S. producers and Korean buyers,” Kim said.