10.
06.15
17:36

The future of the U.S. wheat exports is located in Asia and Latin America

The future of U.S. wheat is in Asia and Latin America, says Alan Tracy, President of U.S. wheat Association today at the International Wheat Council in London. In Latin America it has logistical advantages and in Asia, special specifications meet you exactly the demand, thus manages the U.S. exporters to realize, as the competition much better prices on the world market. You lose market share in the world market though, but so that one could live, so Tracy.
By the emerging competition from the countries of the Black Sea to the world market, he had lost his importance in the Middle East and North Africa under the top importers of the world U.S. wheat. Meanwhile went 40% of U.S. wheat exports to Asia and Latin America. Tracy is also steadily increasing export volumes to China, the top producers, but also top consumers of wheat. China's mills are looking for qualities that you yourself don't have. High protein wheat is imported from the United States, Canada and Australia, because the demands of the Chinese food industry are increasing.
Countries on the West coast of Latin of America, such as Guatemala and Peru winter wheat (SWW) which U.S. West Coast will be sent by the interested recently more for soft white. As a result, you will spare the expensive passage through the Panama Canal. SWW is bought traditionally in Japan, Korea and the Philippines.

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