News & Events
As word came that Chinese officials have given verbal approval for the biotech corn trait MIR 162, trade and agriculture stakeholders gathered this week in Chicago for the the U.S.-China Joint Commission on Trade and Commerce (JCCT) discussions.
Coarse grains exports could increase dramatically if United States-Cuba diplomatic relations are fully normalized, with the island nation having the potential to become the 12th largest market for U.S. corn if trade is truly open.
Two groups of farmers recently experienced a unique opportunity to see both a U.S. grain customer country and competitor market country during the U.S. Grains Council’s (USGC) Grain Export Mission (GEM), held Nov. 30 to Dec. 13.
One group composed of U.S. barley and sorghum producers traveled to Mexico and Argentina, where they met with contacts looking to expand their businesses in part by using U.S. grains.
A sharp rebound in U.S. corn exports to Korea helped power overall U.S. agricultural exports to that nation to $6.9 billion in fiscal year 2014, a new record. Including manufactured goods and services, Korea is the sixth largest U.S. trading partner internationally, just behind Germany and ahead of the United Kingdom and France.
Chart of Note
This week’s U.S. Grains Council’s (USGC) Chart of Note illustrates the significant market share that U.S. corn has regained in the Egyptian market compared to last year.
Word from the Ground
By: Anne Zaczek, U.S. Grains Council Manager of Global Development Programs
The U.S. Council (USGC) is becoming recognized in Tanzania as a reliable source of information and a trusted partner following the launch of its Food for Progress program in that country earlier this year. The program has made advancement towards its primary goals: promoting quality feed formulations for poultry; developing self-sufficient industry associations for poultry producers and feed manufacturers; and improving broiler and layer production through training seminars.