News & Events
Approximately 1.17 million metric tons of U.S. agricultural products were bought, sold and/or negotiated at the 7th Southeast Asia U.S. Agricultural Cooperators Conference. This equates to about $368.94 million in value based on current nearby Chicago Board of Trade futures.
Thanks to over a year’s worth of legwork by the United Sorghum Checkoff Program and the U.S. Grains Council, U.S. grain sorghum may soon be making inroads into key markets in Southeast Asia.
U.S. distiller’s dried grains with solubles (DDGS) was sold at the Southeast Asia DDGS Road Show, organized by the U.S. Grains Council.
With funding from USDA’s Market Access Program, the Council organized the gathering of U.S. grain exporters with key customers in Malaysia, Indonesia, Thailand and the Philippines. Seminars, workshops and one-on-one consultations helped foster the sales, said Brain Arnold of Council member Delong Company Inc., who participated in the Road Show.
Leading Vietnamese agriculture industry representatives traveled to the United States focused on the use of U.S. corn, sorghum, distiller’s dried grains with solubles (DDGS) and corn gluten meal (CGM) in swine rations. An improving economy and an increased demand for pork has driven the growth in Vietnam’s commercial swine sector, intensifying the importance of a quality feed supply.
The U.S. Grains Council, in partnership with USDA’ s Foreign Agricultural Service (FAS), is sponsoring a DDGS seminar and trade conference in Southeast Asia July 29-Aug. 11, 2010. The Council extends an invitation to U.S. DDGS exporters and producers to attend this seminar to initiate face-to-face introductions with foreign end-users and importers.
More than 138 grain traders, purchasing managers and integrators from around the world gathered last week in Singapore at the 4th Southeast Asia Grain Transportation Conference. This conference, jointly organized by the American Soybean Association-International Marketing and the U.S. Grains Council, helped foster the sale of 400,000 metric tons of U.S. corn and their co-products.
Southeast Asia’s imports of distiller’s dried grains with solubles (DDGS) between January and February 2010 show a 73 percent year over year increase, the U.S. Grains Council reports. In 2009, the region imported 890,000 metric tons of the ethanol co-product, accounting for 16 percent of the United States’ total DDGS exports, an increase from 590,000 tons in 2008.
The U.S. Grains Council showcased the agricultural export markets of Korea and Vietnam to members of the Iowa Corn Leadership Enhancement and Development (I-LEAD) program as an I-LEAD team traveled to Asia for a two-week international trade mission March 11-22. I-LEAD, a two-year program led by the Iowa Corn Promotion Board and the Iowa Corn Growers Association, provides men and women from Iowa with the tools they need to succeed as leaders and spokespeople for agriculture.
Without free trade agreements (FTAs) between the United States and markets in Latin America and Southeast Asia, the United States risks losing export competitiveness, warned U.S. Grains Council directors during the 7th International Marketing Conference. "One of the biggest threats facing the United States is the fact that pending FTAs with Colombia and Panama have not been ratified," said Kurt Shultz, USGC regional director in Panama.
By Mike Callahan, U.S. Grains Council Senior Director of International Operations for Asia
In last night’s State of the Union address, President Barack Obama said he wanted exports to double within the next five years. He said it was vital to our nation that the United States and especially U.S. farmers provide the agricultural products that are sought around the world. I found this encouraging to our efforts of the U.S. Grains Council with the funding from U.S. farmers’ checkoffs and U.S. agribusinesses.