News & Events
The U.S. Grains Council collaborated with the U.S. Department of Agriculture’s Foreign Agricultural Service (USDA’s FAS) and the Amman Chamber of Commerce to organize a grain standards workshop in Jordan last month.
The workshop included representatives from key importers, the Jordan Food and Drug Administration as well as the Jordan’s ministries of agriculture, industry, trade and supply. The workshop discussed contract terms, U.S. grains specifications and standards and Grain and Feed Trade Association (GAFTA) rules and arbitration system.
The U.S. Grains Council (USGC) has added two new consultants in the Middle East and North Africa region this fall, increasing its presence in an area of the world with significant potential for future demand.
Seeing is often believing, which is why the U.S. Grains Council (USGC) brought corn and feed grain buyers from Egypt, Morocco, Algeria and Tunisia to the U.S. Corn Belt in September to talk firsthand with U.S. farmers and export suppliers.
Turkey’s imports of U.S. corn co-products surged in the 2016/2017 marketing year, a significant pay off for U.S. Grains Council (USGC) marketing programs in the country.
Turkey is the second largest buyer of U.S. distiller’s dried grains with solubles (DDGS) in the 2016/2017 marketing year (Sept.-July) with 1.29 million metric tons of imports, nearly double the total from last marketing year. Additionally, Turkey is the fourth largest buyer of U.S. corn gluten feed/meal, purchasing almost 196,000 tons in 2016/2017.
Saudi Arabia has nearly doubled purchased of U.S. corn this marketing year due to a combination of favorable government policy shifts, competitive prices and market development work by the U.S. Grains Council (USGC).
End-users in Europe, the Middle East and North Africa are purchasing increasing amounts of U.S. co-products, including distiller’s dried grains with solubles (DDGS) and corn gluten feed/meal, thanks to advantageous pricing in recent years.
Building on these cost competitive deals, the U.S. Grains Council (USGC) conducted a conference in Rome, Italy, last week to connect end-users from both regions with U.S. farmers, grain suppliers and technology companies for education and the opportunity to make or negotiate sales.
Free trade agreements help provide market access for some of the largest purchasers of U.S. grains and for some smaller but steady buyers. Israel, as the first market with which the United States signed a free trade agreement, is a good example.
The U.S. Grains Council (USGC) recently released a new batch of online videos highlighting the importance of building and maintaining trading relationships and the work the Council does in grain markets around the world.
A recent sale of U.S. distiller’s dried grains with solubles (DDGS) to Saudi Arabia is an example of an increasingly diverse number of markets interested in the feed product and the impact of sustained market development in areas showing potential for long-term growth.
Last month, Saudi buyers purchased 18,000 metric tons of U.S. DDGS, a relatively large amount and a dramatic increase from total sales of just 8,400 metric tons in 2014.