Ethanol Blog
Cheryl Anderson DTN Staff Reporter

Tuesday 07/22/14

Grains Council Facilitates U.S. Trade Teams to Taiwan

Trade teams from the U.S. are working at building relations with key export markets, the U.S. Grains Council continues to facilitate those efforts, according to a news release from the Council (http://bit.ly/…).

One example of the Council's supports of export trade was the three U.S. trade teams it recently facilitated to Taiwan. The visits were part of an agricultural trade mission from Indiana led by the state's Lt. Governor Sue Ellspermann, as well as a legislative leadership group from Washington State, and a legislative group representing Missouri, Kansas and North Dakota. While in Taiwan, the groups all met with government and industry officials and were educated about possible markets for U.S. products.

The Pacific Rim's economic growth makes it vital for U.S. delegations seeking to build relationships. The Council has worked in Taiwan for approximately 40 years and has become a vital country to sustain demand for U.S. coarse grains and co-products such as dried distillers grains.

Because of the Council's work, the Indiana team signed a letter of intent with the Taiwan Feed Industry Association to purchase between 560,000 and 700,000 metric tons of U.S. corn in 2015 and 2016.

Cheryl Anderson can be reached at Cheryl.anderson@dtn.com

(ES)

Posted at 3:53PM CDT 07/22/14 by Cheryl Anderson
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