USGC, NCGA Officers to Visit China, Korea, Japan

The U.S. Grains Council is preparing for its Officers Mission - along with the National Corn Growers Association - to meet with customers in Japan, Korea and China. USGC Chairman Don Fast says this mission is extremely important for U.S. grains because of competition for these markets from other countries - such as Argentina, Brazil, the Ukraine and India. USGC President and CEO Tom Sleight agrees this mission is critical.

USGC Annual Meeting: An Eye on a Changing International Political Scene

Charleston

What do the United States, Mexico, Japan, Taiwan, South Korea and China have in common?

If you said "a U.S. Grains Council office," go to the head of the class!

But this year featured another important common denominator. In 2012, all of these countries engaged in leadership contests – hotly contested national elections in the United State, Japan, Mexico, Taiwan and South Korea, and a once-in-a-decade leadership transition in China.

Corn Harvest Quality Report: Growing Impact in Second Year

In just its second year, the U.S. Grains Council's Corn Harvest Quality Report is scoring important points for U.S. producers with appreciative foreign buyers. Released on December 7, the Harvest Report is available online and has already been presented to potential buyers and other interested parties in more than 10 major markets around the world, with more briefings on tap.

USGC Recognizes the Passing of Long-Time Employee, Dr. Young In Park

From a professional perspective or on a personal level, Dr. Young In Park was an exceptional, memorable personality. "In terms of effectiveness and influence, there has been nobody better at moving markets," says Mike Callahan, who oversaw Dr. Park's U.S. Grains Council Korea programs for 20 years.

Park, who opened the Council's Korea office in 1972, was always looking for different approaches the Council could take, Callahan remembers.

Korea Reacts to Drought: Offers Assistance to Domestic Feed and Livestock Industry

Seeking to mitigate the impact of rising global feed grains prices, the Korean government has announced several steps to support domestic feed millers and animal feeders. Mixed feed millers will receive up to 95 billion won ($84 million) in low interest loans in 2013 to help offset higher feed ingredient costs. This is an increase of 58 percent over the support level of $60 billion won ($53 million) this year.

Korea Biosafety Evaluators Gain Insight into US Biotech Development

By Byong Ryol Min, U.S. Grains Council Director in Korea

The U.S. Grains Council brought a team of Korean biosafety/risk evaluators to the United States from August 16-26 to review how agricultural biotechnology is developed, tested, approved, grown and utilized within the United States, with a special reference to U.S. biotech regulatory system and safety/risk assessment process.

Korean Corn Imports from January - May 2012

Korea Corn

Korean corn imports during the first five months of 2012 reflect the diversity of suppliers in the international market place. While the United States still enjoys a 55 percent share of Korea's corn imports, that share has fluctuated widely in recent years based on availability and price in competitor markets. And while the United States enjoys a high share of Koreas feed corn market, the Black Sea region accounts for 69 percent of Korea's corn imports for industrial processing.

Korea, US FTA Opens Doors for US Food Barley Export

By Byong Ryol Min, U.S. Grains Council Director in Korea

The U.S., Korea Free Trade Agreement has enabled Korea to begin buying U.S. barley for food use. More than a dozen local buyers have registered for the allocation of new duty-free tariff rate quotas of 2,500 metric tons (115,000 bushels) for this year. Some have already purchased several containers of U.S. barley for food applications.

The duty-free volumes will grow 2 percent each year with tariffs being completely phased out by 2026.

Pages

Subscribe to RSS - Korea