News & Events
Recently, Dr. Alison Van Eenennaam and research assistant Amy E. Young completed the most comprehensive study of genetically modified (GM) crops ever, set to be published in the Journal of Animal Science after Oct. 1. It represents the longest-term monitoring of the health-impact of GM crops in history as it examines at 29 years of livestock productivity and health data from both before and after the introduction of GM crops into animal feed formulations.
Japan’s Ministry of Agriculture, Forestry and Fisheries (MAFF) has proposed revisions to its feed labeling regulations to allow feed manufacturers greater flexibility to respond to changes in the cost of ingredients.
Following the trend of the last decade, financing for grains commodities will continue to be readily available next year. As liquidity remains high and interest rates remain low, financing risk should also remain low.
At Export Exchange 2014, the premiere international trade conference focused on the export of U.S. coarse grains and co-products, Terry Barr, senior director of CoBank’s Knowledge Exchange Division, will delve further into this topic.
Representatives from the U.S. Grains Council (USGC), Renewable Fuels Association (RFA) and Growth Energy traveled this week to Japan and Korea to explore the potential for U.S. ethanol in those markets.
The trip is part of a wider look at potential overseas markets for this renewable fuel, which is in increased demand due to mandates for cleaner fuel and its overall affordability.
Chart of Note
This Chart of Note shows the theoretical volume of ethanol demand by non-U.S. markets with existing biofuels mandates. If countries enforced existing biofuels mandates using ethanol, their gasoline use in 2012 would suggest that the top 10 ethanol consumers would require 3.5 billion gallons of the renewable fuel. The next 10 would add another 393 million gallons of demand.
Word from the Ground
By: Clover Chang, U.S. Grains Council Director in Taiwan
The U.S. Grains Council (USGC) recently hosted a workshop in Taiwan discussing the topic of genetically modified (GM) food with school teachers and dieticians.
The Council worked with the Food Industry Research and Development Institute (FIRDI), the U.S. Soybean Export Council (USSEC) and CropLife Taiwan to conduct this workshop, with topics ranging from the future of GM animals to the testing and monitoring of GM commodities and the challenges and opportunities related to cultivation of more GM plants.