{"id":4347,"date":"2016-05-12T13:54:29","date_gmt":"2016-05-12T13:54:29","guid":{"rendered":"https:\/\/grains.org\/ltamex\/video-colombia-peru-hold-potential-for-increased-u-s-feed-grains-sales\/"},"modified":"2016-05-12T13:54:29","modified_gmt":"2016-05-12T13:54:29","slug":"video-colombia-peru-hold-potential-for-increased-u-s-feed-grains-sales","status":"publish","type":"post","link":"https:\/\/grains.org\/ltamex\/video-colombia-peru-hold-potential-for-increased-u-s-feed-grains-sales\/","title":{"rendered":"Video: Colombia, Peru Hold Potential For Increased U.S. Feed Grains Sales"},"content":{"rendered":"<p><span>Following the release of the <a href=\"http:\/\/USGC.informz.net\/z\/cjUucD9taT01NTkzNjc2JnA9MSZ1PTEwNjIwMjQxMTYmbGk9MzUyNzgzOTk\/index.html\" target=\"_self\">Outlook Colombia 2030 report<\/a> showcasing the significant opportunity for U.S. grain exports to Colombia in the coming decades, U.S. Grains Council (USGC) staff traveled throughout Colombia and Peru to examine the potential demand and determine the best paths forward to develop these two markets.<\/span><\/p>\n<p><iframe loading=\"lazy\" src=\"https:\/\/www.youtube.com\/embed\/Ijog6JGZYg4?rel=0\" frameborder=\"0\" width=\"853\" height=\"480\"><\/iframe><\/p>\n<p><span>\u00e2\u20ac\u0153The Peruvian and Colombian markets hold significant potential,\u00e2\u20ac\ufffd said USGC Regional Director for the Western Hemisphere Marri Carrow. \u00e2\u20ac\u0153We are excited about the future and stand ready to invest significant resources in these markets to continue to see the development of their feed grain demand.\u00e2\u20ac\ufffd<\/span><\/p>\n<p><span>The team\u00e2\u20ac\u2122s first stop was in Colombia, which recently increased its imports of U.S. corn and was the third largest market for U.S. corn in the 2014\/2015 marketing year, purchasing 4.3 million metric tons (169 million bushels) valued at $806 million. This year, the country is on track to continue that pattern with 4.1 million tons (161.4 million bushels) of U.S. corn bought as of May 5 for this marketing year.<\/span><\/p>\n<p><span>\u00e2\u20ac\u0153In Colombia, we see a significant potential for U.S. feed grains,\u00e2\u20ac\ufffd Carrow said. \u00e2\u20ac\u0153We have a very bullish opinion on the future, potential corn demand in Colombia, with our estimates being upwards of 8 million metric tons (314.9 million bushels) by the year 2030. While only time will tell on that, we are very excited about the potential this market holds.\u00e2\u20ac\ufffd<\/span><\/p>\n<p><span>The team was also very enthusiastic about potential in the Peruvian market, which has taken nearly 1.7 million tons (67 million bushels) of U.S. corn as of May 5 for this marketing year, making it the fourth largest market for that commodity.<\/span><\/p>\n<p><span>\u00e2\u20ac\u0153In Peru we also saw a significant potential for growth in imports of U.S. feed grains,\u00e2\u20ac\ufffd Carrow said. \u00e2\u20ac\u0153While this market is not quite as big as the Colombian market in terms of population and production, it still has potential.\u00e2\u20ac\ufffd<\/span><\/p>\n<p><span>To tap into that potential, the Council is planning technical programs in May to train the Peruvian industry on U.S. contracting procedures and purchasing specifications.<\/span><\/p>\n<p><span>Click <a href=\"http:\/\/USGC.informz.net\/z\/cjUucD9taT01NTkzNjc2JnA9MSZ1PTEwNjIwMjQxMTYmbGk9MzUyNzg0MDE\/index.html\" target=\"_self\">here<\/a> to read past <em>Global Update<\/em> articles about this mission.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Following the release of the Outlook Colombia 2030 report showcasing the significant opportunity for U.S. grain exports to Colombia in the coming decades, U.S. Grains Council (USGC) staff traveled throughout Colombia and Peru to examine the potential demand and determine the best paths forward to develop these two markets. \u00e2\u20ac\u0153The Peruvian and Colombian markets hold &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/grains.org\/ltamex\/video-colombia-peru-hold-potential-for-increased-u-s-feed-grains-sales\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Video: Colombia, Peru Hold Potential For Increased U.S. Feed Grains Sales&#8221;<\/span><\/a><\/p>\n","protected":false},"author":24,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[],"tags":[],"commodity":[],"country":[],"region":[50],"topic":[],"class_list":["post-4347","post","type-post","status-publish","format-standard","hentry","region-south-america"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Video: Colombia, Peru Hold Potential For Increased U.S. Feed Grains Sales - Am\u00e9rica Latina<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/grains.org\/ltamex\/video-colombia-peru-hold-potential-for-increased-u-s-feed-grains-sales\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Video: Colombia, Peru Hold Potential For Increased U.S. Feed Grains Sales - Am\u00e9rica Latina\" \/>\n<meta property=\"og:description\" content=\"Following the release of the Outlook Colombia 2030 report showcasing the significant opportunity for U.S. grain exports to Colombia in the coming decades, U.S. Grains Council (USGC) staff traveled throughout Colombia and Peru to examine the potential demand and determine the best paths forward to develop these two markets. \u00e2\u20ac\u0153The Peruvian and Colombian markets hold &hellip; 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