Farm Credit at #CattleCon18

Chuck Zimmerman Leave a Comment

During #CattleCon18 I visited with Farm Credit to learn what they are offering to cattle ranchers. I talked with Todd Moore (pictured), Farm Credit Mid-America, first and asked him what the message is for those attending. He says that with the volatility in cattle prices lender are talking to their customers and asking questions like, “Do they have a risk …

AgWired Animal, Audio, Beef, Cattle Industry Conference, Exports, Farm Credit, Trade

Study Shows U.S. Lags Behind in Developing Ag Exports

Cindy Zimmerman Leave a Comment

The latest analysis of foreign export promotion program investment shows that several competing countries and the European Union outspent the United States in publicly-funded agricultural export promotion by a margin of four to one in 2016, according to a release from the Coalition to Promote U.S. Agricultural Exports and the Agribusiness Coalition for Foreign Market Development. The other countries spent …

Ag Group, Exports, Trade

Grains Council Adds to Staff

Cindy Zimmerman

The U.S. Grains Council is adding a new strategic director in Asia and assistant director in Southeast Asia to help increase near-term demand for feed grain sales and build long-term demand for ethanol among global customers. Tim Tierney has joined the Council as director of strategic marketing/ethanol in North Asia, filling a new role that seeks to capitalize on both …

Exports, USGC

Ag Export Coalition Urges Increased Funding for Export Programs

Cindy Zimmerman

More than 120 members of the Coalition to Promote U.S. Agricultural Exports are urging leaders of the House Committee on Agriculture to increase funding for USDA export promotion programs in the new farm bill. The coalition ssent a letter to Committee Chairman Michael Conaway (R-TX), and Ranking Minority Member Collin Peterson (D-MN), asking them to increase funding for the Market …

Ag Group, AgWired Precision, Audio, Exports, specialty crops

USDA Trade Mission Heading to Brazil

Cindy Zimmerman

A USDA Foreign Agriculture Service trade mission to São Paulo and Recife, Brazil, is underway this week with leaders from 24 U.S. agribusinesses and trade organizations looking to expand their agricultural exports and further develop their business relationships in Brazil. “Brazil holds significant untapped market potential for U.S. exporters,” said Mark Slupek, deputy administrator of the Office of Trade Programs …

AgWired Animal, Alltech, Ethanol, Exports, Trade, USDA

Vietnam to Resume Imports of U.S. DDGS

Cindy Zimmerman

The government of Vietnam has notified the U.S. that it will resume imports of American distillers dried grains (DDGS), which were suspended in December 2016 after reported detections of quarantine pests in U.S. shipments, according to USDA. Prior to the suspension, Vietnam was the third-largest market for U.S. DDGS, with exports valued at more than $230 million in 2016. The …

Corn, Ethanol, Exports, Feed, Grains

U.S. Grain Inspection – What to Expect

Jamie Johansen

One of the breakout sessions during the 2017 U.S. Soy Global Trade Exchange provided an overview on how the soy and grain inspection system operated. This gave U.S. growers a better understanding of how their grain was managed once it left the farm and more importantly provided international buyers with the information needed to ensure they were getting a quality …

Ag Group, AgWired Precision, Audio, Exports, GIPSA, Grains, Soybean, Trade, USDA, USSEC

Nebraska Proudly Hosts #USSoyExchange

Jamie Johansen

To kick off the 2017 U.S. Soy Global Trade Exchange, Nebraska Lieutenant Governor Mike Foley provided opening remarks to the international and domestic soybean audience. I was able to speak with the Lt. Governor who shared how proud the state is of its agricultural industry. He said, “It’s really the backbone of our economy. We like to grow things.” “It’s …

Ag Group, AgWired Precision, Audio, Exports, Markets, Soybean, Trade, USSEC

GROWMARK and COFCO Announce Grain Partnership

Cindy Zimmerman

A new grain partnership was created on Friday between agricultural cooperative GROWMARK, Inc. and global supply chain agribusiness COFCO International Limited (CIL) providing a direct link from farmers in the Midwest to the global marketplace, and China in particular. “We now have a direct pipeline from our growers to the end user,” said Brent Ericson, GROWMARK Senior Vice President, Member …

AgWired Precision, Audio, Exports, Grains, GROWMARK, transportation

A Growing North Asia U.S. Soy Market

Jamie Johansen

To kick off the 2017 U.S. Soy GLobal Trade Exchange eleven Chinese purchasing agreements were signed with five U.S. soybean exporters for 3.8 MMT valued at $1.561 billion. The U.S. Soybean Export Council (USSEC) and Midwest Shippers Association serve as hosts for the conference where over 250 international buyers representing over 55 countries attend. “These companies are very loyal buyers …

Agribusiness, AgWired Precision, Exports, International, Markets, Soybean, USSEC