News & Events
Mr. Hanver Li is scheduled as the Monday luncheon speaker at the U.S. Grains Council’s 50th Annual Board of Delegates Meeting, to be held July 19-21, 2010.
Li is the chairman and chief consultant of Shanghai JC Intelligence Co. Ltd. (JCI), a Chinese consulting company that specializes in research and consultation on industry development, market evolvement and price movement in relation to grains, oils and feedstuffs.
For the first time in almost 15 years, a shipload of U.S. corn arrived and is being unloaded in China. The vessel, carrying 55,000 metric tons (2.2 million bushels) of U.S. No.2 yellow corn, arrived at the Longkou Port in Shandong Province of China on June 21, 2010. Without delay, the vessel cleared customs and berthed for commencement of discharge on June 22, 2010. The U.S. Grains Council was on-site for the arrival.
Opportunity exists for China to import a “huge” amount of U.S. corn to meet its current market demand, before the 2010 crop enters the market, said U.S. Grains Council Assistant Director in China Sam Niu Yishan. This observation came subsequent to the Council’s spring tour of Northeast China’s corn crop production and supply, which concluded June 3, 2010.
China’s swine industry is in the midst of transitioning from backyard and small scale production to large scale production within confined facilities. With this transition comes demand for new feeding, production and health management techniques. Due to its close work over the years with China’s swine industry, the U.S. Grains Council continues to offer technical and management programs that provide the best service to trade.
During a recent visit to China, the U.S. Grains Council saw a growing opportunity of U.S. exports of corn to the country. On Wednesday, it was reported that China made its second purchase of U.S. corn in as many weeks. The state-owned company Cofco Limited bought 300,000 metric tons (11.8 million bushels) of U.S. corn Tuesday night. According to USGC President and CEO Thomas C. Dorr, it’s possible as many as 15 U.S. cargoes (825,000 to 900,000 tons or 32.5 to 35.4 million bushels) has been sold to the Chinese.
During a recent visit to China, the U.S. Grains Council saw a growing opportunity of U.S. corn exports to the country. On Wednesday, it was reported that China made its second purchase of U.S. corn in as many weeks. The state-owned company Cofco Limited bought 300,000 metric tons of U.S. corn Tuesday night. According to USGC President and CEO Thomas C. Dorr, it’s possible as many as 15 U.S. cargoes has been sold to the Chinese.
WASHINGTON, D.C., April 28, 2010 – USDA today announced the export sale of 115,000 metric tons (4.5 million bushels) of U.S. corn to China. Despite strong production gains as a result of market-based reforms instituted 30 years ago, according to the U.S. Grains Council, the rapid growth of China’s agricultural output has begun to be outpaced by demand. The convergence of China’s demand and production, in conjunction with their dramatic economic growth, has likely encouraged China to open their markets to corn imports.
The U.S. Grains Council, in partnership with USDA’ s Foreign Agricultural Service (FAS), is sponsoring several DDGS seminars and trade conferences in Japan and China in June 2010. The Council extends an invitation to U.S. DDGS exporters and producers to attend these seminars to initiate face-to-face introductions with foreign end-users and importers.
By Cary Sifferath, U.S. Grains Council Senior Director in China
The U.S. Grains Council has been doing work in China since the mid-1980s and I’ve only been a part of that effort for the past two years. China is a very difficult and demanding market, predominately because China’s government polices are set to maintain self sufficiency in the major grains of corn, wheat and rice. This makes work as the USGC director in China challenging when you have to try and work against that type of government policy.
The goal of the U.S. Grains Council’s distiller’s dried grains with solubles (DDGS) marketing programs is to gain access to a market and increase the rate of the adoption of the product into commercial feed rations using various means such as nutritional education, feeding trials. The mission is accomplished by product quality and pricing seminars and reducing trade barriers.