Representatives from five Mexican grain importers will visit Iowa this week prior to the U.S. Grains Council (USGC) Export Exchange scheduled October 24-26 in Detroit, Michigan.
“We’re thrilled to host this team in an effort to further develop and strengthen the relationships between Mexican corn and distillers grains buyers and U.S. grain suppliers, and are hopeful our efforts will result in more sales of corn and distillers grains to Mexico,” said Iowa Corn Growers Association (ICGA) Director Jerry Maier, a farmer from Eagle Grove.
The grain buyers visit will begin on Wednesday at Landus Coop in Farnhamville, the largest farmer-owned local agriculture cooperative in Iowa. They will then travel to and tour the Poet Ethanol Plant in Gowrie which is designed to produce 69 million gallons of ethanol annually. Next stop on the trip will take them to the Pro Cooperative in Havelock. Their day will end with dinner and a tour of Jerry and his son Brandon Maier’s farm in Wright County.
“As the largest buyer of U.S. corn, Mexico continues to be a bright spot for U.S. ag exports,” said Maier. “U.S. corn exports reached a record high this marketing year. Our Mexican grain and feed buyers rely on the quality and availability of U.S. corn and distillers grains which are shipped directly from states like Iowa keeping transportation cost low. We look forward to further expanding this important market in the future.”
On Thursday, the team will visit the Maxyield Cooperative in Belmond and have lunch and visit Corn LP in Goldfield. They will then stop at the Ag Partners feed mill in Ellsworth followed by dinner and a “meet the buyers” session with Iowa grain, feed and equipment suppliers. On Friday, the team will begin at Innovative Ag in Hubbard, followed by a visit to ICGA Director Denny Friest’s farm in Radcliffe and a tour of the nearby Heartland Coop.
In the 2015/2016 marketing year, an estimated 13.3 million tons of U.S. corn was exported to Mexico, a 17 percent increase from the previous year of 11.3 million tons and a 75 percent increase from 2010/2011. In addition, distillers grains experienced a 19 percent increase from the previous marketing year, increasing from 1.59 million tons to an estimated 1.9 million tons.
Held every other year by the U.S. Grains Council (USGC) and the Renewable Fuels Association (RFA), Export Exchange brings together international buyers with U.S. sellers of corn, sorghum, barley, distiller’s dried grains with solubles (DDGS), corn gluten meal and corn gluten feed. This year’s Export Exchange conference is slated to be the largest on record with more than 215 buyers and end-users from more than 35 countries organized into 19 USGC trade teams. Export Exchange allows attendees to do business and form relationships with buyers in person and in one location. More information about Export Exchange 2016, including registration details, is available at www.exportexchange.org or on social media using the hashtag #ExEx16.
The Iowa Corn Promotion Board (ICPB), works to develop and defend markets, fund research, and provide education about corn and corn products. The Iowa Corn Growers Association (ICGA) is an 8,000-member strong grassroots-driven organization, headquartered in Johnston, Iowa, serving members across the state, and lobbying on agricultural issues on behalf of its farmer members to create opportunities for long-term Iowa corn grower profitability. For more information, visit iowacorn.org.
The U.S. Grains Council is a private, non-profit partnership of farmers and agribusinesses committed to building and expanding international markets for U.S. barley, corn, sorghum and their co-products including distiller's dried grains with solubles (DDGS) and ethanol. The Council is headquartered in Washington, D.C., and has 10 international offices that oversee programs in more than 50 countries. Financial support from private industry members, including state checkoffs, agribusinesses, state entities