Exports of U.S. coarse grains and co-products to the Middle East and North Africa have rebounded dramatically this marketing year due to price, world market conditions and consistent trade servicing.
As of Aug. 21, the region had outstanding sales and accumulated imports of U.S. corn of nearly 4.4 million metric tons (173 million bushels) for this marketing year, which ends Aug. 31. This is in stark contrast to the fewer than 300,000 tons (11.8 million bushels) that went to the region in 2012/2013. “The U.S. Grains Council is staying in touch with the major buyers in the region, reminding them what’s going on with U.S. price wise,” said USGC Regional Director of the Middle East and Africa Cary Sifferath.
“We are also reminding them about U.S. corn and DDGS, corn gluten feed and other products to help them consider bringing in some combination shipments. The Council also does a fair number of technical programs working with the feed, broiled and dairy industries to keep them up to date.”
Click play below to listen to Sifferath talk about this dynamic region’s surge in U.S. corn imports.
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.