International Trade: Page 41

Russia: Sanctions will not affect country’s grain exports

Russia Agriculture Minister Nikolai Fyodorov says Moscow’s bans on certain food imports from the United States and European Union will not affect Russia’s grain exports.

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International Trade

Vietnam animal feed exports up in first half of 2014

Vietnam's animal feed and rawmaterials exports value increased 22.1 percent year-on-year to US$205 millionin first-half 2014, Vietnam News Agency reports.

Business & Markets

China increasing soybean imports

A Bloomberg News survey shows soybean buyers in China are increasing imports as demand for animal feed rises and prices fall.

Feed industry groups issue joint statement on EU import laws

COCERAL, FEDIOL and FEFAC have called on the European Commission to safeguard imports of soybeans, corn and various protein-rich products from the key exporting regions to the EU.

International Trade

Distiller’s dried grains with solubles exports to China threatened

Exporters recently were rocked by reports that China may suspend the issuance of new import permits for U.S. distiller’s dried grains with solubles (DDGS), and subject currently permitted imports to more stringent testing for the presence of unapproved biotech events.While no official statement from the government in China has been forthcoming, the resulting uncertainty is roiling trade in what is currently the largest U.S. DDGS export market.

International Trade

Vietnam spent more to import animal feed than it earned in rice imports in 2013

Vietnam earned US$2.95 billion from rice exports but spentUS$4 billion to import animal feed and materials for feed production in 2013,according to the Ministry of Agriculture and Rural Development.Vietnam spends the most on animal feed in the world.

International Trade

Turkey imported $3 billion in animal feed in 2013

Turkey imported 6 million tons of animal feed, worth $3 billion, in 2013, due to the country’s inadequate production to meet domestic demand, according to a report. Turkey is the seventh-largest country in the world in terms of agricultural production capacity.

Feed Production by Region

Political unrest in Venezuela, Ukraine create uncertainty for corn trade

Recent political unrest in Venezuela and Ukraine has thepotential to disrupt trade and are being closely monitored by U.S. GrainsCouncil representatives in Latin America and Europe.Venezuela is experiencing growing economic disruption andincreased tension as result of an escalating confrontation between protestersand the government.

Animal Feed Regulations & Safety

USDA designated as authority to certify animal feeds, pet food for export

The U.S. Department of Agriculture (USDA) has signed anagreement with the U.S. Food and Drug Administration (FDA) that designates USDAas the authority to certify animal feed and pet food products for export toforeign countries.USDA’sAgricultural Marketing Service (AMS) has unique capabilities in working withstakeholders to develop export certification programs that meet the specificrequirements of other countries.

Corn, soybean, wheat export projections increased

The USDA’s monthly report of World Agricultural Supply andDemand Estimates (WASDE) was released February 10 with market participantsparticularly eager to see four projections. These include the projectionsof 2013-14 marketing year U.S. exports of corn and soybeans, and the projectionof the size of 2014 South American corn and soybean crops.

International Trade

Canadian and US grain sectors release cross-border trade study

A new study, released by the Canada-U.S. Task Group, a groupof Canadian and U.S. non-profit and trade organizations, documents thecommercial flow of grain from the United States to Canada. The study addressesU.S. and Canadian trade volume, handling and processing practices for more than15 commodities traded between the United States and Canada.

International Trade

US agricultural exports hit record high in 2013

The U.S. Department of Agriculture has released its final tally for agricultural exports in fiscal year 2013, showing a new record of $140.9 billion. "American agriculture achieved record exports once again in fiscal year 2013, and the period 2009-2013 stands as the strongest five-year period for agricultural exports in our nation's history," said Agriculture Secretary Tom Vilsack.

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