U.S. DDGS Exports Up 16% To Southeast Asia
Exports of U.S. distiller’s dried grains with solubles to Southeast Asia have increased 16% this marketing year. The U.S. Grains Council said the region currently represents the third largest market for U.S. DDGS. Thus far in the marketing year, sales to the region totaled more than 1.7 million metric tons, accounting for 20% of overall U.S. DDGS exports. U.S. DDGS exports have increased to seven of the eight countries within the region this marketing year.
Year-over-year, shipments of U.S. DDGS have increased by 55 percent to Thailand, to 630,000 tons, and 42% to Indonesia, to 348,000 tons. In addition, U.S. DDGS exports have more than doubled to both Malaysia and Myanmar compared to the same time the year prior. While sales are down to Vietnam due to outstanding market issues, the country’s more than 490,000 tons in purchases still rank as the seventh largest market for U.S. DDGS.
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