USGC: more grain to Southeast Asia
Trade policy discussions, agreements and mandates have recently come about that could expand export opportunities for U.S. feed grains and co-products to Southeast Asia, according to Ken Hobbie, U.S. Grains Council president and CEO.
“The Philippines is a growing market for feed grains and co-products produced
by U.S. farmers,” noting that the demand for distiller’s dried grains with
solubles (DDGS) is growing.
Thailand, like the Philippines, is another
market that has seen the benefits of including DDGS in livestock rations. In
2007, Thailand imported 59,346 tons of DDGS compared to only 10 tons three years
prior, according to USDA’s Foreign Agricultural Service.
Indonesia’s
government recently made comments that expanding their domestic livestock sector
will be a key priority throughout the next five years opening export
opportunities for U.S. feed grains.
Growing protein
demand
Demand for beef, chicken meat and other protein sources are
growing as Southeast Asia’s largest economy expands. Most of the protein is
imported from Australia and New Zealand, but with this new initiative to expand
the domestic livestock sector, feed grains and co-products will be in high
demand.
Related website:
US Grains Council
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