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International Trade: Page 42
International Trade
Brazil imports most US wheat in 35 years
For 2012/2013, Brazilian wheat production has been revised upward to 4.38 million metric tons but remains over 24 percent below the 2011/2012 production level, according to the United States Department of Agriculture's Foreign Agricultural Service (FAS). To meet 2012/2013 domestic consumption - estimated at 10.74 million metric tons - Brazil has had to import 7.12 million metric tons, due to a severe production shortfall in Mercosul supplier countries, especially Argentina.
Brand Insights
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International Trade
AFIA to host export seminar at International Production & Processing Expo
On January 29, 2014, the American Feed Industry Association (AFIA) will host a seminar to provide insight to the process of exporting feed and feed ingredients into the U.S. The How to Export Feed and Feed Ingredients to the U.S. seminar is the first of its kind sponsored by the association and will be held during the International Production & Processing Expo (IPPE) in Atlanta, Ga.
International Trade
China feed mills importing US sorghum as corn replacement
China's private feed mills are increasingly turning to sorghum from the U.S. after using up their annual import allocations for preferred animal feed grain corn, according to reports. Rising Chinese imports are expected to boost sorghum prices over the next few months in the U.S., the world's largest producer, which is forecast to reap a bumper crop this year.
International Trade
Oilseed and Grain Trade Summit attracts importers from China, Turkey
Witha global scope and coverage across the oilseed and grain supply chain, the 8thannual Oilseed and Grain Trade Summit, to be held at the Minneapolis ConventionCenter in Minnesota, October 21-23, 2013, continues to add importers fromthroughout the world to its attendance list.
International Trade
USDA trade mission aims to expand sub-Saharan Africa markets
U.S. Deputy Secretary of Agriculture Krysta Harden is leading a trade mission to promote U.S. agricultural trade and investment in sub-Saharan Africa. The trade mission launches USDA's Sub-Saharan Africa Trade Initiative, which aims to expand U.S. agricultural commercial ties in the region. The mission will conclude on September 20.
Business & Markets
Global grain trade continues to expand, evolve
The International Grains Council’s (IGC) 2013 Grains Conference, a gathering of the largest trading organizations in the world, provided an opportunity to gain expert views on the global market outlook for feed’s primary ingredients. This article highlights of recent developments in the global grain trade.
Company News
FSMA and animal feed — Strengthening oversight of imported foods
The U.S. Food and Drug Administration has issued two proposed rules under the Food Safety Modernization Act (FSMA) aimed at strengthening assurances that imported food meets the same safety standards as food produced domestically. On July 26, the FDA issued proposed regulations that it says would greatly strengthen the oversight of foods imported for U.S. consumers.
Feed Mill Management
Morocco lifts restrictions on feed wheat imports
British Cereal Exports, the export hand of the United Kingdom's Home Grown Cereal Authority, has been working with Moroccan government officials to lift its restrictions on feed wheat imports, opening up a new potential market worth an estimated UK$9.6 million a year. The decision comes as the Moroccan Ministry of Agriculture and the state buying agency ONICL have confirmed that the restrictions on feed wheat imports have been lifted, allowing imports to meet compounders' annual demand of 60,000 tons.
International Trade
US grain council supports trade agreement with Japan
The United States Grains Council announced it supports the announcement by the office of U.S. Trade Representative Demetrios Marantis of its completion of bilateral negotiations with Japan regarding the Trans-Pacific Partnership. With the announcement, the council will formally notify Congress of its intent to support formal inclusion of Japan into the partnership negotiations.
International Trade
US importing Argentina corn during drought recovery
Argentina has seen an increase in corn exports to the U.S. as the latter country continues to recover from the 2012 drought, with the first shipments already on their way,according to reports. The U.S. usually imports little corn from Argentina, with less than 72,000 metric tons of the grain imported in 2012.
Animal Feed Manufacturing
Record year for meat, poultry exports bolsters US soy demand
Despite challenging issues, such as the struggling global economy and trade barriers, U.S. poultry and livestock farmers enjoyed a record year for meat exports, which helps keep domestic demand for U.S. soy strong.
Animal Feed Regulations & Safety
Serbia corn imports up on aflatoxin contamination
Serbia is anticipating an increase in corn imports due to food safety concerns after an aflatoxin contamination in the country's corn spread to its milk supply. Serbia exported 2.3 million metric tons of the grain in 2011–2012, but the country's exports are seen falling 83 percent year-on-year to 400,000 metric tons in 2012–2013, according to the U.S. Department of Agriculture.
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