USGC: Roadshow Finds Iberian Market Potential for DDGS, Sorghum

Business News/Analysis, European Union (EU), Marketing/Market Forces and Sales, Opinions, Other Conferences/Events, Policy, Portugal, Presentations, Spain

December 3, 2019

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(U.S. Grains Council/Ethanol Producer Magazine) With six members along to share their expertise, the U.S. Grains Council conducted a robust, week-long roadshow through Spain and Portugal in October to promote U.S. sorghum and containerized dried distillers grains with solubles (DDGS) to key importers and trading companies involved in the Spanish and Portuguese feed industries.

“Each one of these conferences was strategically located so that the team could get an opportunity to see the market in its entirety and forge valuable connections along the way,” said Reece Cannady, USGC manager of global trade, who led the delegation. “Spain has continued to purchase sorghum and DDGS from the United States and these meetings built on the Council’s positive momentum in the market by connecting potential business partners and learning more about their capabilities.”

Spain is a top market for U.S. coarse grains and co-products in Europe, importing more than 800,000 metric tons of U.S. sorghum and DDGS in the 2018/2019 marketing year in addition to sales of U.S. corn and ethanol in the new marketing year. READ MORE

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