News & Events
The El Niño weather pattern has impacted corn yields in Argentina and Brazil, which has sparked buyers' interest around the globe in U.S. corn.
The U.S. Grains Council (USGC), in partnership with the U.S. Department of Agriculture's (USDA's) Foreign Agricultural Service (FAS) office in Lima, hosted technical workshops in Peru last week, focused on the nutritional value of U.S. sorghum and distiller's dried grains with solubles (DDGS), U.S. contracting procedures and purchasing specifications.
This week’s U.S. Grains Council (USGC) Chart of Note illustrates the recent upswing in sales of U.S. corn to countries around the globe. This is good news after months of struggling corn exports due to a strong U.S. dollar and larger-than-expected global corn supplies.
Mexico remains the top market for U.S. corn this marketing year, with Japan – the traditional top market – catching up with sales of 256,700 metric tons (10.1 million bushels) of U.S. corn this week.
The U.S. Grains Council (USGC) sponsored international corn buyers from Korea, Colombia and Mexico at the 2016 Corn Utilization and Technology Conference (CUTC) in St. Louis this week to offer them an opportunity to discuss their perspectives on corn quality with U.S. corn growers.
Corn quality is a critical component of international buyers’ purchasing decisions - and one about which USGC's global staff works to educate global corn consumers. An example of this work is the release of the Council's annual quality reports, which are unique among major corn exporters.
The recent changes in both the Brazilian and Argentine governments are highlighting their interests in becoming pro-business – and in agriculture’s case, pro-trade. This change in attitude from the largest South American corn producing countries is creating urgency in the United States for the completion of the two multilateral trade agreements that are still pending, the Trans-Pacific Partnership (TPP) and the Transatlantic Trade and Investment Partnership (T-TIP).
Following the release of the Outlook Colombia 2030 report showcasing the significant opportunity for U.S. grain exports to Colombia in the coming decades, U.S. Grains Council (USGC) staff traveled throughout Colombia and Peru to examine the potential demand and determine the best paths forward to develop these two markets.
This week’s U.S. Grains Council (USGC) Chart of Note illustrates a growing global interest in U.S. sorghum among a diverse group of markets.
While China remains the top market for U.S. sorghum - with more than 5.9 million metric tons (232.3 million bushels) sold to that country as of May 5 - other, non-traditional markets like Pakistan, Venezuela and Colombia have also shown their interest in this coarse grain during this marketing year. Combined, these three markets have purchased more than 295,000 tons (11.6 million bushels) of U.S. sorghum as of May 5.
Worldwide demand increases for ethanol, paired with new government and taxation policies put into effect every year, alter ethanol trade on all levels.
International buyers of U.S. corn in markets like Korea, Mexico, Colombia and Taiwan are taking advantage of low prices, strong policies and the ongoing market development work done by the U.S. Grains Council (USGC) in their countries.