Saudi Arabia Nearly Doubles U.S. Corn Imports In 2016/2017

Dan Corn, Industry News Release

The U.S. Grains Council says Saudi Arabia has nearly doubled purchases of U.S. corn this marketing year due to a combination of favorable government policy shifts, competitive prices and market development work by the Council. So far in the current marketing year, Saudi Arabia has purchased 2.07 million metric tons of U.S. corn, or 81.5 million bushels, up significantly compared …


U.S. Moving Forward with WTO China Grains Case

Dan Industry News Release

The United States is moving forward with a World Trade Organization case against China regarding tariff-rate quotas for agricultural products. The WTO said this week that the U.S. is requesting that the WTO set up a panel to investigate the tariff-rate quotas, a move that Reuters says sets up a showdown between the two largest economies in the world. The …

economic study

Economic Study Shows Renewable Fuel Standard Added to Price of Corn

Dan Corn, Energy, Industry News Release

A new economic study shows the Renewable Fuel Standard has added a third to the price of corn and saved the U.S. nearly 18-billion in gasoline costs. The Iowa State University study to be published soon in the American Journal of Agricultural Economics shows specific benefits to farmers, consumers, and the environment, from the nation’s renewable fuels requirement. Renewable Fuels …

georgia corn crop

Similar Yields Expected for Georgia Corn Crop

Dan Corn, Georgia

According to information provided by University of Georgia Cooperative Extension agronomists, yields for the 2017 Georgia corn crop should be similar to previous years. They predict that yields from irrigated acres will be actually lower than normal, while yields from dryland acres are expected to be better than normal. According to UGA Extension’s new corn, soybean and small grains agronomist, …


Brazil, U.S., Set for Corn Selling Showdown

Dan Corn, Industry News Release

The world’s two biggest corn exporters are preparing for a showdown, according to Bloomberg. The United States and Brazil are set to square off in competition this growing season over corn exports as Brazil is in the middle of collecting the nation’s biggest corn harvest ever, and U.S. supplies remain plentiful from last years’ record harvest. Bloomberg says those conditions …


Perdue: No Signs Mexico Will Buy South America’s Corn, Soybeans

Dan Corn, Exports/Imports, Soybeans

While in Mexico Friday, U.S. Agriculture Secretary Sonny Perdue said he has no indication that Mexico will buy corn and soybeans from Argentina and Brazil or other countries. Perdue met with counterparts in Mexico to discuss trade and told reporters following the discussion that it was understandable Mexico would make inquiries to other nations, but he sees no signs of …


China Approves More GMO Crops

Dan Industry News Release

China’s Ministry of Agriculture announced it has approved two more genetically modified crops for import into the country. A Reuters article says it’s the second move in the past month to expand access to biotech seeds as a part of Beijing’s 100-day trade talks with Washington. The Ministry approved Syngenta’s 5307 insecticide-resistant corn sold under the Agrisure Duricade brand. It …


U.S. DDGS Exports Up 16 Percent To Southeast Asia

Dan Corn, Wheat

U.S. exports of distiller’s dried grains with solubles (DDGS) to Southeast Asia have increased 16 percent so far this marketing year, according to data from the U.S. Department of Agriculture (USDA) and analysis by the U.S. Grains Council (USGC). The Southeast Asian region – which includes Brunei, Cambodia, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam – currently represents the …