Fidest – Agenzia giornalistica/press agency

Quotidiano di informazione – Anno 33 n° 335

Posts Tagged ‘metric tons’

News from the Competition: South Africa

Posted by fidest press agency su sabato, 12 novembre 2011

South Africa - Satellite image - PlanetObserver

Image by PlanetObserver via Flickr

Every few years South Africa produces enough corn to compete for export sales. The latest statistics from the South African Grain Information Service show that in the May-April 2010/11 marketing year South Africa exported 1.05 million metric tons (41 million bushels) of white corn and 1.02 million metric tons (40 million bushels) of yellow corn.Most of the white corn was exported to Sub Saharan Africa with 613,080 mt (24 million bushels). South Korea was the largest overseas purchaser at 203,087 mt (8 million bushels). Other buyers included Italy, Mexico and Pakistan. South Korea was the largest single buyer of yellow corn (610,721 mt/24 million bu) compared to Sub-Saharan Africa at 129,137 mt (5 million bu) and smaller sales to Japan, Taiwan, Spain, Protugal and Kuwait.In the current marketing year (May–October 2011), South African corn exports have included more than 1 million mt (39.4 million bushels) of white corn and 650,000 mt (25.5 million bu) yellow corn. As the main buyer of white corn, Mexico purchased 701,279 mt (27.6 million bu) with smaller sales to Italy, Korea and Venezuela. South Korea is the leading purchaser of yellow corn (302,259 mt/11.9 million bu) followed by Taiwan (161,550 mt/6.4 million bu). Meanwhile, concerns are being raised that production forecasts may be too optimistic and that South Africa could face a very tight stocks situation from January through April, especially for white corn.

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Mixed Picture for DDGS Exports

Posted by fidest press agency su sabato, 1 ottobre 2011

Grain

Image by peter pearson via Flickr

January-to-June distiller’s dried grains with solubles (DDGS) exports saw a 16 percent increase in sales to Southeast Asia, depite a 11 percent loss in total export sales, reported Adel Yusupov, U.S. Grains Council regional director in Southeast Asia. A major factor is the drop in Chinese purchasing. While China’s July imports were up almost 38 percent from June, they were still well below sales for the same period last year. Worldwide, DDGS sales for the first seven months of 2011 totaled 4.4 million metric tons, valued at more than $1 billion. The biggest buyers are Mexico, China and Canada, followed by Vietnam and South Korea.“Within Southeast Asia, DDGS shipments are up 7 percent to Indonesia, 13 percent to Vietnam, 69 percent to the Philippines, and 128 percent to Malaysia,” Yusupov reported. “Sales are down 2 percent in Thailand, where the government introduced new import requirements for feedstuffs, including DDGS. Importers of U.S. DDGS will have to submit information on the product and its origin to obtain a license.”The new rules also set a minimum protein level of 26 percent (measured at destination) for DDGS imports.“We have notified USDA’s Foreign Agricultural Service (FAS) office in Thailand that this could potentially limit U.S. DDGS exports to Thailand, and FAS will consider this issue as a subject to raise with the Thai government,” Yusupov said.

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