Taiwan Imports Most U.S. Corn In Seven Years, Pledges More During Goodwill Mission

10 Year Corn Exports To Taiwan

Members of the 2017 Agriculture Trade Goodwill Mission pledged Wednesday to purchase 5 million metric tons (197 million bushels) of U.S. corn and 500,000 tons of U.S. distiller’s dried grains with solubles (DDGS) between 2018 and 2019, echoing a rebound of U.S. corn sales to this long-term trading partner. 

Taiwan Goodwill Mission Pledges To Purchase Five Million Tons Of U.S. Corn

USGC Past Chairman Chip Councell signs the letter of intent with Taiwan.

 

Washington, D.C. - Members of the 2017 Taiwan Agricultural Goodwill Mission pledged Wednesday to purchase 5 million metric tons (197 million bushels) of U.S. corn and 500,000 tons of U.S. distiller’s dried grains with solubles (DDGS) between 2018 and 2019. The commitment was made during a signing ceremony at the U.S. Capitol in Washington, D.C. 

Chart of Note: U.S. Exports Of Feed Grain In All Forms Breaks Record In 2016/2017 Marketing Year

U.S. exports of feed grain in all forms as of July 2017

The U.S. government released international trade figures for July on September 6, the eleventh month of data for the 2016/2017 marketing year for corn and sorghum. With just one month of data still unpublished, U.S. exports of feed grain in all forms (GIAF) has set a new record high, the result of increased demand, competitive U.S. prices and extensive marketing efforts by the U.S. Grains Council (USGC). 

USGC Welcomes New Member Western Plains Energy, LLC

Western Plains Energy

The U.S. Grains Council (USGC) is pleased to welcome Western Plains Energy, LLC as a new member.

Western Plains Energy, LLC is an agricultural-based, renewable energy production company that focuses on profit, people, partners and productivity.

Formed on July 10, 2001 and located in Oakley, Kansas, this fuel-ethanol facility was originally created to improve the value of local grain. Western Plains Energy utilizes both corn and grain sorghum to produce approximately 50 million gallons of fuel-grade ethanol per year.

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