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 …
A Growing North Asia U.S. Soy Market
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 …
Relationships Drive U.S. Soy Exports
The U.S. Soy Global Trade Exchange & Midwest Specialty Grains Conference and Trade Show in Omaha, Nebraska is running full tilt and Jamie Johansen has it covered. In her interview with U.S. Soybean Export Council (USSEC) CEO Jim Sutter, the two addressed the relationship building essential to trade and the reasons the global market chooses U.S. soy. “This [event] is just …
International Buyers of U.S. Soy Convene in Omaha
Next week, U.S. soybean farmers will have the opportunity to meet the international buyers responsible for purchasing the 60% of soybeans exported from the U.S. each year. The U.S. Soybean Export Council (USSEC) will host its 5th annual U.S. Soy Global Trade Exchange Aug. 15-17 at Omaha’s CenturyLink Center. It will be our second year to cover the event and …
U.S. Rice Heading to China
History was made this week when an agreement permitting US rice exports to China was signed during bi-lateral trade meetings held in Washington DC. An inspection of US rice mills and packaging facilities by the Chinese phytosanitary authorities is the next step to take place. The first exports to China will take several months but will provide a boost to …
USDA & NCBA Celebrate U.S. Beef to China
U.S. Secretary of Ag Sonny Perdue joined National Cattlemen’s Beef Association (NCBA) President Craig Uden for a ceremonial “Cutting of the Prime Rib.” The Nebraska prime rib formally marked the return of U.S. beef to the Chinese market after a 13-year hiatus as part of the U.S.-China 100-Day Action Plan announced by the Trump Administration. The first shipment of U.S. …
Syngenta Will Appeal Verdict
Syngenta intends to appeal a verdict reached by a Kansas jury last week to award $218 million in compensatory damages to more than 7,000 Kansas corn growers who claim the company caused them economic harm by introducing Agrisure corn before China approved it for import. Syngenta released a statement after the verdict saying they are disappointed “because it will only …
Increased Access to Chinese Market for U.S. Dairy Exporters
U.S. Dairy Export Council (USDEC), the National Milk Producers Federation(NMPF) and officials from the U.S. and China have reached an accord on dairy trade by signing a Memorandum of Understanding (MOU) that will increase access to China for more than 200 U.S. dairy exporters. The action creates new opportunities for dairy farmers and processors, and the milk, cheese, infant formula …
Dairy & Poultry Groups Say Modernize NAFTA
Leading animal agricultural groups representing the dairy and poultry sectors spoke out this week highlighting what a NAFTA modernization would mean for each of their prospective industries. The U.S. Dairy Export Council (USDEC) and the National Milk Producers Federation (NMPF) sent comments to the U.S. Trade Representative describing the existing North American dairy landscape as one in which U.S. dairy …
U.S. Beef Access to China Takes Another Step Forward
The Trump Administration has taken steps toward commercial shipment of U.S. beef and beef products to China for the first time since 2003. The USDA has reached agreement with Chinese officials on final details of a protocol to allow the U.S. to begin the beef exports to China. Secretary of Agriculture Sonny Perdue issued the following statement: “Today is a …