News & Events
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.
Panama City, Panama - More than 350 attendees had a firsthand look at the new Panama Canal expansion on Monday to kick off events at the U.S. Grains Council 14th International Marketing Conference & 57th Annual Membership Meeting in Panama City, Panama.
The tour of the Agua Clara locks in Colon, Panama, was a unique opportunity to see trade in action, and an important reminder of the dynamic global trade environment for those who last visited the Canal shortly after construction on the new locks began.
U.S. Grains Council (USGC) officers and key staff traveled throughout India and Myanmar last month to examine the potential for development and U.S. grain sales in those growing and complex markets.
USGC Chairman Chip Councell, a farmer from Maryland, and Vice Chairman Deb Keller, a farmer from Iowa, also had the opportunity to help open a new dairy research and training facility in Kaira District with a uniquely Indian tradition of cracking the coconut before revealing a plaque naming the building.
In a letter to President Donald Trump this week, the U.S. Grains Council (USGC), Renewable Fuels Association (RFA) and Growth Energy are asking for help "in urgently addressing China's recent implementation of protectionist trade barriers that are shutting out U.S.
By the Numbers
• $1.5 trillion: Increase in real incomes due to liberalizing trade efforts since World War II (Peterson Economics)
• $82 billion: Annual economic output in 2014 due to exports of feed grains and grain products (Informa Economics)
• 371,536: Number of full-time equivalent jobs linked directly or indirectly to grain and grain product exports in 2014 (Informa Economics)
Exports of U.S. feed grains have a promising outlook after the completion of the first quarter of the 2016/2017 marketing year, according to recently published U.S. Department of Agriculture (USDA) trade data.
Total exports of feed grains in all forms in September, October and November 2016 reached 27.9 million metric tons (1.1 billion bushels), up 32 percent from the same quarter last year.
China's Ministry of Commerce (MOFCOM) announced Tuesday that it will subject U.S. distiller's dried grains with solubles (DDGS) to anti-dumping and countervailing duties (AD/CVDs) following a year-long investigation, the latest in a rash of measures taken by the Chinese government to restrict access to that market for U.S. feed grains and related products, specifically corn, DDGS and ethanol.
A statement from U.S. Grains Council (USGC) President and CEO Tom Sleight:
"The announcement Tuesday by China's Ministry of Commerce (MOFCOM) that it will subject U.S. distiller's dried grains with solubles (DDGS) to anti-dumping and countervailing duties (AD/CVDs) is the latest in a rash of measures taken by the Chinese government to restrict access to that market for U.S. feed grains and related products, specifically corn, distiller's dried grains (DDGS) and ethanol.