USSEC Hosts First Asia Subcontinent Buyers Conference

By - Monday, November 14, 2016
abc2016

U.S. Soy grower leaders visited Nepal for the first Asia Subcontinent Trade Buyers Conference (ABC2016) from November 8 – 11.

The Asia Subcontinent Buyers Conference marked the region’s first buyers’ conference. USSEC, along with the support of the U.S. Grains Council (USGC) and the U.S. Department of Agriculture (USDA) offered the conference as a regional opportunity for buyers and sellers of U.S. soy, corn, and grain to promote additional knowledge through which stronger relationships can be built for a prosperous and stable future.

The Asia Subcontinent (ASC) region, comprised of the countries of Bangladesh, India, Nepal, Pakistan and Sri Lanka, has emerged as a relatively new market for U.S soy and corn products. International commodity traders and exporters as well as buyers from the ASC region have shown growing interest in exploring opportunities and seeking solutions for the continued demand of agri-inputs. The U.S. agriculture sector has made significant contributions in this region by providing solutions and support to various industries’ technical and trade needs and is considered to be a preferred supplier of services and commodities.

USSEC chairman and American Soybean Association (ASA) director Jim Miller presented remarks on sustainability on his farm.

ASA president Richard Wilkins provided an overview of the U.S. political landscape post-election, the possible effects on U.S. agriculture, and also discussed sustainable practices on his farm.

USDA provided a regional overview from the viewpoint of U.S. agriculture, while USSEC and USGC provided a look at the ASC market, including how the region’s market demand has developed over the past five years, present developments and future requirements by 2020.