South Korea is expected to import record amounts of distiller’s dried grains with solubles (DDGS) from the US for yet another year in spite of a slump in purchases around the COVID-19 outbreak.
So far in the 2019/2020 marketing year, or the period from September 2019 to July 2020, US sales of DDGS to the Asian country are 2.9% higher year-on-year at 1.11 million tonnes, the US Grains Council (USGC) said in September. US exports of DDGS to South Korea have set a new record every year since 2010/2011. In the 2018/2019 marketing year the figure was 1.19 million tonnes.
Exports slumped after the COVID-19 outbreak in the spring, which caused a steep fall in the production of ethanol and DDGS. The Korean feed industry then moved to alternative feed ingredients but USGC worked to rekindle purchases, including by distributing copies of the US DDGS Handbook in Korean to the local feed industry and organising a webinar.
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Image by U.S. GRAINS COUNCIL