Home | News & events | Newsroom

Photo Essay: USGC Taiwan Goes Virtual For Industry Stakeholder Updates

Programs
Posted on Corn Other Co-Products

To stay connected with ag and food industry stakeholders in Taiwan, the U.S. Grains Council (USGC) recently conducted six virtual conferences offering the most up-to-date information on the outlook of the U.S. corn market and crop conditions.

Taiwan managed to avoid serious lockdowns for much of the COVID-19 pandemic, but recent infections have made in-person meetings challenging. Pivoting to a virtual format to keep these meetings timely is an important part of the Taiwan office’s commitment to the local industry.

“It’s important to have virtual events to help our customers adapt to the changes in the market,” said Michael Lu, USGC director in Taiwan. “Taiwan corn importers pay special attention to price risk management and corn quality. The market volatility during the planting season is a big challenge for them to stabilize their raw material cost.

“Those industrial stakeholders at the virtual meetings expressed their gratitude to the Council for its ability to utilize video conferencing to quickly deliver the information they want.”

Follow the virtual meetings conducted by the Council’s Taiwan office in this photo essay.

With a long-standing partnership between USGC and the National Animal Industry Foundation (NAIF), Lu and his colleagues met with NAIF president, Lin Tsung-Hsien, and his team to discuss the outlook of the global corn market, the pandemic’s impact on the poultry and livestock industries and how to continue collaborating on upcoming programs.
With a long-standing partnership between USGC and the National Animal Industry Foundation (NAIF), Lu and his colleagues met with NAIF president, Lin Tsung-Hsien, and his team to discuss the outlook of the global corn market, the pandemic’s impact on the poultry and livestock industries and how to continue collaborating on upcoming programs.
Lu presented the global corn market outlook to MFIG, a feed purchasing group in Taiwan. MFIG holds a public tender each month for the bulk purchase of corn. Due to COVID-19, the 33 MFIG members have been holding virtual tenders. A quarter of Taiwan’s corn import volume was purchased through tender outcry.
Lu presented the global corn market outlook to MFIG, a feed purchasing group in Taiwan. MFIG holds a public tender each month for the bulk purchase of corn. Due to COVID-19, the 33 MFIG members have been holding virtual tenders. A quarter of Taiwan’s corn import volume was purchased through tender outcry.
The Taiwan Federation of Swine Cooperatives consists of 55 swine cooperatives with 3,000 member farms that produce nearly 2.2 million hogs per year. The Federation acts as an intermediary between the government and the Taiwanese livestock industry. As loyal users of U.S. corn, the Federation expressed its gratitude to the Council and its willingness to provide market information.
The Taiwan Federation of Swine Cooperatives consists of 55 swine cooperatives with 3,000 member farms that produce nearly 2.2 million hogs per year. The Federation acts as an intermediary between the government and the Taiwanese livestock industry. As loyal users of U.S. corn, the Federation expressed its gratitude to the Council and its willingness to provide market information.
Meeting with the vice president of Dachan Great Wall Group, Phillip Hsia, and the vice president of Charoen Pokphand Enterprise, Anita Tseng, USGC’s Taiwan team learned about the organizations and their dedication to grains procurement. Both groups expressed their appreciation of the Council’s market information, which helps them manage their price risk and supply chain of raw material.
Meeting with the vice president of Dachan Great Wall Group, Phillip Hsia, and the vice president of Charoen Pokphand Enterprise, Anita Tseng, USGC’s Taiwan team learned about the organizations and their dedication to grains procurement. Both groups expressed their appreciation of the Council’s market information, which helps them manage their price risk and supply chain of raw material.
CropLife Taiwan and several bio-tech companies, including Bayer, BASF, Syngenta and Corteva, met with USGC to discuss the approval progress of a new variety produced with genetically modified traits, issues related to maximum residue level requirements and to plan a collaborative program for late 2021.
CropLife Taiwan and several bio-tech companies, including Bayer, BASF, Syngenta and Corteva, met with USGC to discuss the approval progress of a new variety produced with genetically modified traits, issues related to maximum residue level requirements and to plan a collaborative program for late 2021.
The Council’s Taiwan team met with Food China Company's (FCC's) CEO Henry Chen and his colleagues to discuss the possibility of broadcasting market information to customers via Facebook. FCC, a business-to-business agribusiness e-marketplace and professional service provider, works to promote U.S. distiller’s dried grains with solubles (DDGS) in the Chinese and Taiwanese markets.
The Council’s Taiwan team met with Food China Company’s (FCC’s) CEO Henry Chen and his colleagues to discuss the possibility of broadcasting market information to customers via Facebook. FCC, a business-to-business agribusiness e-marketplace and professional service provider, works to promote U.S. distiller’s dried grains with solubles (DDGS) in the Chinese and Taiwanese markets.

Read more about the Council’s work in Taiwan.

About The U.S. Grains Council

The U.S. Grains Council develops export markets for U.S. barley, corn, sorghum and related products including distiller’s dried grains with solubles (DDGS) and ethanol. With full-time presence in 28 locations, the Council operates programs in more than 50 countries and the European Union. The Council believes exports are vital to global economic development and to U.S. agriculture’s profitability. Detailed information about the Council and its programs is online at www.grains.org.