U.S. Grains Council Sees Growth, Opportunity for DDGS Abroad
The U.S. Grains Council reports that Japanese imports of DDGS surged 31-percent ahead of 2010 levels in 2011. U.S. market share climbed from 89-percent to 93.7-percent. The country's imports of DDGS so far in 2012 are on track to surpass last year's record - and U.S. market share could increase again. Japan has long been the top international customer for U.S. corn and the Council says the continued growth in interest in DDGS is encouraging. The Council sees another opportunity for DDGS and corn in India. That's why they are extending their market assessment program in that nation. India is currently a net exporter or corn - but Council Vice President of International Operations Rebecca Bratter says that is likely to change due to strong economic growth and changes in dietary habits.
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