{"id":3465,"date":"2014-10-21T13:37:47","date_gmt":"2014-10-21T13:37:47","guid":{"rendered":"https:\/\/grains.org\/ltamex\/bullish-outlook-for-feed-grains-global-food-trade\/"},"modified":"2014-10-21T13:37:47","modified_gmt":"2014-10-21T13:37:47","slug":"bullish-outlook-for-feed-grains-global-food-trade","status":"publish","type":"post","link":"https:\/\/grains.org\/ltamex\/bullish-outlook-for-feed-grains-global-food-trade\/","title":{"rendered":"Bullish Outlook for Feed Grains, Global Food Trade"},"content":{"rendered":"
The outlook is good for global agricultural producers and agricultural trade, according to Curtis Jones, the global director of economic analysis for Bunge Global Agribusiness, who spoke Tuesday to the 450 attendees of the Export Exchange 2014 conference in Seattle, Washington. <\/span><\/p>\n Delivering the keynote address, Jones said a rising population and rapidly growing incomes in the emerging economies will continue to support robust demand for feed grains and other agricultural products.<\/span><\/p>\n He noted that growth in agricultural imports will continue to be led by countries in Asia, the Middle East and North Africa. Demand growth in these regions is structural, as many countries face significant land, water and other resource constraints in expanding their own food production, while at the same time boasting some of the world\u2019s fastest rates of economic growth.<\/span><\/p>\n \u201cGrowth in U.S. agriculture depends on exports. The world\u2019s fastest growing economies are abroad, and 95 percent of the world\u2019s population lives outside our borders,\u201d said Ron Gray, chairman of the U.S. Grains Council (USGC). \u201cU.S. agricultural exports are supporting economic progress and a better life for people around the world. We are excited to have our customers from all over the globe here in Seattle, and we are here to learn how to serve them better.\u201d<\/span><\/p>\n Cosponsored by the Council and the Renewable Fuels Association (RFA), Export Exchange is the year\u2019s premiere coarse grains conference, bringing together global buyers and U.S. sellers of corn, sorghum, barley and their co-products. <\/span><\/p>\n \u201cInternational consumption of distiller\u2019s dried grains with solubles (DDGS) has grown exponentially as the world begins to understand the benefits of the high-protein feedstock. Just last year the United States exported a record 9.7 million metric tons of DDGS to nearly 50 countries. These exports accounted for approximately 28 percent of all U.S. produced DDGS, and I look forward to seeing what the future holds,\u201d stated Bob Dinneen, RFA president and CEO. <\/span><\/p>\n Export Exchange 2014 will continue through Wednesday afternoon with additional speakers, a robust trade show and networking opportunities.<\/span><\/p>\n