Last week, the U.S. Grains Council announced an important milestone in the growth of U.S. distillers dried grains with solubles exports. According to the Ministry of Finance Customs, Japan imported more than 384,000 metric tons of U.S. DDGS between January and October 2012, marking the highest imports on record.
"The growth of U.S. DDGS exports to Japan is exciting for a multitude of reasons," said NCGA President Pam Johnson. "DDGS provide a high quality feed ingredient while making efficient use of an ethanol co-product. The rise in this product's popularity in Japan, the largest export market for U.S. corn and a valued trade partner, reaffirms that, through innovations in both production and use, America's corn farmers will continue to meet growing global demand for food, feed, fuel and fiber."
According to USGC Director in Japan, Tommy Hamamoto, final tallies for imports are on track to reach 450,000 metric tons, far surpassing even the new record. Hamamoto also suggested that, provided that U.S. ethanol and DDGS production rebound, imports could increase even more in 2013 as Japanese nutritionists gain familiarity with the new low-fat DDGS.