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U.S. Grains Reports Success in Indonesia

Indonesia’s food sector has been expanding rapidly over the last few years and the trend is set to continue. The U.S. Grains Council reports that U.S. farmer checkoff funds, combined with Market Access Program and Foreign Market Development funds have generated a return of 1,750 percent and resulted in more than 52.5-million dollars in new U.S. grain purchases in fiscal year 2011.

Last year the U.S. Grains Council began to reach out to PT Redwood, a company that has worked to become the premier provider of corn-based products and starch derivatives for Indonesia—Asia’s third most populous country. In January 2011, the Council forged a cooperative agreement with the company to provide trade and technical assistance. As a result the company has switched from purchasing corn solely from Argentina and Brazil to importing only U.S. corn for its wet milling needs.

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