The U.S. Grains Council (USGC) estimates 100.1 million tonnes of U.S. feed grains in all forms were exported in the 2014-15 marketing year, up 800,000 tonnes from the previous year and the second highest export total on record.
U.S. feed grains in all forms is a measurement including U.S. corn, sorghum, barley, distiller’s dried grains with solubles (DDGS), corn gluten feed (CGF), corn gluten meal (CGM), ethanol as measured in corn equivalents, meat and poultry as measured in corn equivalents and processed feed grain products.
By accounting for all feed grains that are exported by the U.S. – in either unprocessed or value-added form – the measure is intended to offer a holistic look at demand from global customers being met by U.S. farmers. It also offers a more expansive view of the amount of U.S. feed grain production being exported.
For instance, in the marketing year that just ended, unprocessed feed grain exports accounted for less than 15% of all U.S. production. However, unprocessed grains plus the grain equivalents for value-added products accounted for 26% of U.S. production, USGC said.
That percentage is expected to increase in future years. Using 10-year projections on corn, sorghum, barley, ethanol, meat and poultry, and co-products like DDGS from the U.S. Department of Agriculture (USDA) and ProExporter, USGC estimates that the grain equivalent of these exports will rise to 131 million tonnes by 2024-25, accounting for roughly 33% of U.S. feed grain production.
Factors influencing this estimate include projected increases in foreign demand for U.S. corn as an animal feed; rising demand for U.S. ethanol to meet other countries’ industrial uses and fuel blending requirements; and rising U.S. meat and poultry exports to developing countries due to the rapid expansion of their middle classes. Increasing demand overseas should also contribute to rising net returns to U.S. feed grain producers, USGC said.
Gaining access to new and existing export markets is critical to achieve increased sales of both unprocessed and value-added feed grains products. To this end, the U.S. grain industry is highly supportive of broad-based trade agreements such as those in place with Central American countries (CAFTA), Peru and Colombia and, in principle, new agreements like the 12-nation Trans-Pacific Partnership (TPP) and Transatlantic Trade and Investment Partnership (T-TIP) with the European Union.
Once trade agreements are in place, these broad marketplace trends also call for support of market development programs like the Market Access Program (MAP) and the Foreign Market Development (FMD) program, which are part of the U.S. farm bill and support work around the globe by organizations like USGC.
(Source – http://www.blackseagrain.net/novosti/u-s-feed-grain-exports-reach-100-1-million-tonnes)