May 9, 2013
Taiwan remains reliable market for US corn
The Taiwanese feed industry reaffirmed their preference for US corn during meetings held in Taiwan late last month, as they echoed sentiments expressed last fall at the US Grains Council's Export Exchange 2012.
Kimberly Karst, USGC director of global programmes, travelled to the country as part of the Council's "Year of Trade Servicing," to meet with long-time partners and colleagues in the feed and livestock industry.
While US market share in Taiwan has dropped significantly due to high prices over the past few marketing years, the overall demand for feed grains in Taiwan has remained steady.
"The US still has a very loyal partner and customer in Taiwan," said Karst. "The Taiwanese swine industry, which consumes 43% of all feed production, continues to express a preference for US corn. But the price has to be competitive."
Importers expressed their appreciation for the Council's long dedication to developing Taiwan's animal industries through technical programmes and helping local livestock farms modernise and increase their efficiency.