Ag Supply Chain Asia Conference 2024 Leads To Sales

The Ag Supply Chain Asia (ASCA) Conference recently took place in Bangkok, Thailand, highlighting sustainability and innovation as integral components shaping the future of agriculture. The conference provided a significant platform for discussions centered on the theme, “Integrating Sustainability and Innovation for Future Agricultural Excellence.”

Organized by the U.S. Grains Council (USGC), U.S. Soybean Export Council (USSEC) and U.S. Wheat Associates, this event drew more than 370 attendees from 20 countries, representing more than 170 companies.

According to participant feedback, the conference facilitated transactions and negotiations estimated at 1.5 million metric tons (MT) of U.S. agricultural products. This positions the event as a key gathering within the agricultural sector in Southeast Asia. The transactions encompassed approximately 180,000 MT of corn (7,086,240 bushels); 340,000 MT of distiller’s dried grains with solubles (13,385,120 bushels in corn equivalent); 335,000 MT of soybeans (12,309,140 bushels); 385,000 MT of soybean meal (17,824,074 bushels in soybean equivalent); and 220,000 MT of wheat (8,083,614 bushels).

“Bringing together buyers from across the Southeast Asia and Oceania region, along with U.S. suppliers of feed grains, oilseeds and corn co-products, is what leads to these types of export sales transactions, which is a benefit for both sides of the business transactions coming from this conference,” said USGC Chairman Brent Boydston.

USGC Vice President Cary Sifferath also emphasized the importance of supplying sustainable ingredients across sectors during the event.

“There is a growing global momentum toward sustainability observed not only in the feed and livestock industry but also in corn processing and other sectors regionally and globally. This shift reflects the collective global effort to address consumers’ demands and choices, not just in Southeast Asia, but also final end-users of some of those food products that the corn and corn co-products end up in the global food supply chain,” Sifferath said.

By facilitating pivotal discussions and offering insightful perspectives, the event provided a holistic view of the future landscape of agriculture, underlining the indispensable role of sustainable practices and technological advancements in attaining agricultural excellence.