Chart of Note: DDGS Exports Set New Record To Southeast Asia

DDGS exports to SEA

Considerable concern surrounded the export potential for U.S. distiller’s dried grains with solubles (DDGS) following an adverse trade policy decision by Vietnam, a historic top buyer, in December 2016. Instead, other countries in the region increased DDGS purchasing, the Vietnamese market re-opened and the region set a new record at 2.3 million metric tons in DDGS imports in 2016/2017.

Northern Neighbor Top Market For U.S. Feed Grains, Co-Products

U.S. exports of feed grains in all forms to Canada since implementation of NAFTA

Canada - the host of the just-concluded third round of talks on the North American Free Trade Agreement (NAFTA) - is a top trading partner for U.S. feed grains and co-products like ethanol and distiller’s dried grains with solubles (DDGS) thanks to geography and strong trade policy.

Canada - the host of the just-concluded third round of talks on the North American Free Trade Agreement (NAFTA) - is a top trading partner for U.S. feed grains and co-products like ethanol and distiller’s dried grains with solubles (DDGS) thanks to geography and strong trade policy.

Taiwan Imports Most U.S. Corn In Seven Years, Pledges More During Goodwill Mission

10 Year Corn Exports To Taiwan

Members of the 2017 Agriculture Trade Goodwill Mission pledged Wednesday to purchase 5 million metric tons (197 million bushels) of U.S. corn and 500,000 tons of U.S. distiller’s dried grains with solubles (DDGS) between 2018 and 2019, echoing a rebound of U.S. corn sales to this long-term trading partner. 

Chart of Note: U.S. Exports Of Feed Grain In All Forms Breaks Record In 2016/2017 Marketing Year

U.S. exports of feed grain in all forms as of July 2017

The U.S. government released international trade figures for July on September 6, the eleventh month of data for the 2016/2017 marketing year for corn and sorghum. With just one month of data still unpublished, U.S. exports of feed grain in all forms (GIAF) has set a new record high, the result of increased demand, competitive U.S. prices and extensive marketing efforts by the U.S. Grains Council (USGC). 

Hot Topics: Cuban Embargo Will Hurt Grain Trade Despite Continued Engagement

Click the image to view a larger version of this chart

Recent moves to again harden the U.S. trade embargo against Cuba will block near-term sales of U.S. feed grains as well as stymie long-term market development. Despite these factors, the U.S. Grains Council (USGC) plans to continue its long-time work in Cuba, driven by members’ core belief that trade is critical for improving U.S.-Cuba relations and the welfare of the Cuban people. 

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