Following New Requirements, USGC Calls for China to Approve MIR 162

DDGS

The U.S. Grains Council is calling for China to approve MIR 162 following this week's announcement of new biotech certification requirements for distiller's dried grains with solubles (DDGS) by the Chinese import inspection authority, AQSIQ.

The new requirements effectively call for a certificate from the point of origin - in the case of U.S. shipments, from the U.S. Department of Agriculture (USDA) - guaranteeing that the shipment is free of the biotech trait.

See You in Omaha for Record-Breaking USGC Summer Meeting

Omaha

The U.S. Grains Council’s 54th Annual Board of Delegates meeting in Omaha, Nebraska, starts Monday, July 28. More than 250 members, grain industry representatives and others have registered for the sessions, surpassing the mark set last February in Long Beach, California.

The Council has planned an exciting meeting, featuring many renowned speakers who will build on this year’s theme, Partnerships and Possibilities. Key speakers are set to include

Export Exchange 2014 Early Bird Registration Ends Next Week

Export Exchange

Register now and save! Early bird registration ends Thursday, July 31, for Export Exchange 2014™, the premier international trade conference focused on the export of U.S. coarse grains and ethanol co-products.

This uniquely-focused conference is expected to bring together 180 international buyers and end-users of coarse grains and co-products, including distiller’s dried grains with solubles (DDGS). Approximately 300 U.S. suppliers and agribusiness representatives are also anticipated.

Council Set to Honor Hammes, Heckman and Prager

Three 10-year members round-out the roster of U.S. Grains Council delegates who will be honored at the 54th Annual Board of Delegates meeting in Omaha, Nebraska, July 28-30, 2014, for their service to the organization: Dan Hammes, representing Quality Technology International Inc.; David Heckman, from Elanco Animal Health; and Larry Prager, of SCAFCO Grain Systems.

Hammes offers an example of how the Council membership experience evolves with longer service:

Chart of the Week

Import Margins Balloon in China

Corn in China

This week’s U.S. Grains Council Chart of the Week illustrates that despite declining corn prices in the United States, corn prices in China continue to rise. Following years of increasing corn production, China has an abundant supply of corn available. However, transportation costs from production areas to areas that use corn make corn in China more expensive than corn imported from the United States. According to the chart, corn in China is selling corn at almost $155 more per ton than corn imported from the United States would cost.

Word from the Ground

Top US Customer a Top Priority for the Council

Japan group visit

By: Erick Erickson, U.S. Grains Council Vice President

The U.S. Grains Council met with long-standing Japanese customers of U.S. commodity corn, non-genetically modified corn and sorghum this week in Washington, D.C. The groups, the Japanese Feed Manufacturer’s Association, Zen-Noh and the Japanese Corn Starch, all affirmed their appreciation for their long-standing trade relationship with the United States and the opportunity to meet regularly to discuss concerns and issues. They then presented their list of concerns.