Ethanol Activities In South Korea, Vietnam Highlight Importance Of Policy’s Role In Trade

Brian Healy, USGC manager of ethanol export market development, discusses potential for ethanol in South Korea.

Developing markets for U.S. ethanol involves a complex combination of trade policy and marketing work. Two U.S. Grains Council (USGC) activities this past week aimed to not only provide insights on ethanol policy development with a role for trade, but also exchange information with government officials, traders and even consumers about the environmental, health and economic benefits of increased ethanol use. 

Free Trade, Relationships Key To Market Competitiveness In South Korea

Recent events in foreign policy and the ongoing conversation about the value of U.S. trade agreements have put a spotlight on South Korea as a close U.S. ally and an important customer for U.S. products, including grains. 

South Korea is now the fifth largest market for U.S. agricultural exports, totaling $6.2 billion in purchases in 2016. The country was the fourth largest importer of both U.S. corn and distiller's dried grains with solubles (DDGS) as well as the seventh largest importer of U.S. barley in the 2015/2016 marketing year. 

U.S. Corn Feeding Malaysian Chickens As Market Returns To U.S. Origin

Malaysians eat a lot of chicken - upwards of 110 pounds per year per person. More of those chickens will soon be eating U.S. corn thanks to the arrival of a 68,100 metric ton (2.68 million bushels) bulk shipment last week, the second shipment received from U.S. origin recently following a five-year purchasing hiatus. 

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