US assesses grain competition from Asia
A team from the US Grains Council went to Australia
and the Philippines to asses the feed grain competition in the Asian market
during the next 12 months.
Due to drought in mainly Australia, the opportunities to export US grains to
this region are promising, according to Council President Ken Hobbie. However,
recent rain in Australia means perhaps more competition for the U.S., as the
country will produce more feed wheat and maybe grain sorghum.
Philippines, tariff rate quotas protect local corn producers and limit grain
imports. But, he says, more interest is being shown in distillers dried grains
(DDGS), especially from livestock and feed milling sectors in
US Grain Council
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