Colombiaâ€™s feed imports are likely to continue to expand significantly faster than historical trends have suggested, according to a new U.S. Grains Council (USGC) report on market development opportunities in there.
The findings in the report, known as Outlook Colombia 2030, were released this week to the country’s top feed, poultry and livestock industry executives in conjunction with a USGC mission examining growth opportunities for U.S. coarse grains and co-products to Colombia and Peru.
Other key conclusions of the report included:
- There is a bullish potential for expanding U.S. feed grain exports to Colombia, with corn exports projected to reach 5.5 million metric tons (216.5 million tons) in 2020 and 7.8 million tons (307 million bushels) in 2030.
- Colombiaâ€™s livestock sector is expected to increase output by more than 50 percent by 2030 from 2014 levels.
- The countryâ€™s lagging crop production performance is projected to continue, which will force Colombiaâ€™s livestock producers to depend on feed imports to support their expected expansion.
The report was shared at a conference in Bogota that was attended by executives of the Colombia feed and livestock industries and other U.S. organizations such as USDA’s Foreign Agricultural Service (FAS) in Colombia and the U.S. Meat Export Federation. USGC staff from the Western Hemisphere and Washington offices were also in attendance.
â€œWe are committed to the Colombian market and successful growth in its livestock and feed sectors,â€� said USGC President and CEO Tom Sleight, who traveled as part of the USGC mission. â€œColombia is an excellent example of strong trade policy and market development working together. This report confirms how important this market is to U.S. farmers and the U.S. grains industry.”
Building on this information, the mission met with FEDEGAN, the national federation of livestock farmers in Colombia, and U.S. Ambassador to Colombia Kevin Whitaker to discuss ways the Council can partner and work in Colombia to build demand.
â€œOur meetings in Colombia were focused on building alliances that are necessary to addressing trade barriers, improving production efficiencies, building capacity for U.S. coarse grain exports and advancing food security in Colombia,â€� Sleight said.
The mission later traveled to Peru, meeting with the USDA FAS’s staff in Lima; the U.S. Ambassador to Peru; and strategic partners in the livestock, dairy and poultry sectors Peru to continue the demand-building dialogue.
â€œOur meetings in Peru focused on the free trade agreement between the United States and Peru, which has opened up new opportunities for both market development and sales there,â€� Sleight said. â€œThe current level of interest that Peruvian buyers and end-users have in U.S. corn is a powerful tool that we are using to engage the poultry industry.â€�
Moving forward, the Council will continue to be engaged in both Peru and Colombia to build partnerships that drive demand for U.S. coarse grains and co-products, including U.S. distillerâ€™s dried grains with solubles (DDGS).
Click here to view more photos of this mission.
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.