History was made in 2016 in Bangladesh’s feed industry, thanks to resources provided by the Market Access Program (MAP) and the Foreign Market Development (FMD) program being used in that country by the U.S. Grains Council.
There, the Council invested approximately $150,000 of MAP funds in programming and educational activities, beginning in 2014. By 2016, U.S.-origin corn found its way to the shores of Bangladesh for the first time in history, with total sales worth $17 million, for a return on investment (ROI) of $113 for every $1 invested.
Canada is a vital market for U.S. feed grains and co-products due to its proximity to the U.S. corn production area and ethanol plants along the northern border of the United States. In the most recent marketing year, the United States’ northern neighbor was the seventh-largest U.S. distiller’s dried grains with solubles (DDGS) export destination and the ninth-largest U.S. corn export market destination.
Despite these numbers, Canada’s imports have been on a steady decline in imports since 2010, largely due to the market effects of China’s surge in DDGS demand.
The U.S. Grains Council (USGC) invested $50,000 of Market Access Program (MAP) funds in two separate ethanol marketing programs for the Peruvian market in 2015. As a result of these efforts, buyers in Peru purchased $15 million of U.S. ethanol, for a return on investment (ROI) of $299 for every $1 of MAP funds invested.
Al Dahra/ACX is a prominent leader in the agribusiness; specializing in the cultivation, production and trading of animal feed and essential human food commodities such as rice, flour, fruits and vegetables. Being the hay global leader is only part of our mission. Our goal is to present a comprehensive solution that will help our customers to enhance performance and increase their profitability. An important part of that is offering quality feed ingredients and raw materials. Since its inception, Al Dahra has witnessed unmatched growth fuelled by an active foreign investment strategy, establishing various acquisitions and joint ventures with specialized feed and food producers worldwide. The group owns and operates a large asset base including a land bank of 200 thousand acres, 8 forage pressing and production plants, 4 rice milling plants and 2 flour milling plants.
Pan Ocean (America), Inc., solely dedicated to agri-trading laid its foundation in the U.S. in August 2015 and set out to meet not only the in-house grain demand of Harim Group (no. 1 feed mill in Korea), but major Korean feed groups, such as KFA, MFG, KOCPIA, FLC, NOFI, and aT Agri Fisheries. In 2016, total 1.24 million metric tons of corn, DDGS, soybeans and palm kernel meal ex U.S., Brazil, Argentina and Malaysia were exported to Korea by ourselves. (of 1.24 million metric tons, 0.45 million metric tons were U.S. corn). In going forward, Pan Ocean (America), Inc., intends to continue its efforts to expand its U.S. grain sales into diverse destinations in association with the U.S. Grains Council.