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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 US, as
the country will produce more feed wheat and maybe grain sorghum.
In the 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
Australia.
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