U.S. Grains Council Contracts GIC for Projects in South Korea and Colombia
In the former project, GIC is to evaluate the impact of USGC's programs on improving the productivity of swine production in South Korea and, ultimately, on increasing the Korean swine industry's demand for U.S. feed grain. GIC will consider various factors in its evaluation, including the appropriateness of the programs, the quantitative and qualitative impact of these programs on productivity and production practices, and exogenous factors that could undermine or favor the achievement of USGC's final goal to increase Korean demand for U.S. feed exports. In the latter project, GIC will assess the impact of Colombia's high corn tariff on the potential for growth within the poultry and industrial corn processing sectors. GIC will also evaluate the impact of this tariff on the potential for U.S. corn exports to Colombia.
About The GIC Group
The GIC Group, based in Alexandria, Virginia, is an international firm serving the investment, finance, analytical, and management needs of companies and organizations involved in agribusiness, biotechnology, and global trade. The company was established in 1980 and is currently involved in two new initiatives: the 21st Century Agribusiness Funds and Global Strategic Partnering. Our 21st Century agribusiness funds facilitate investment in the life sciences industry by offering a variety of private equity partnerships designed to help agribusinesses around the world raise the needed risk capital to execute their strategies. Global Strategic Partnering (GSP) is a business-to-business, Internet, e-commerce service that GIC plans to launch in the next few months.
About the U.S. Grains Council
The U.S. Grains Council develops export markets for U.S. barley, corn, grain sorghum, and related products, providing leadership, information, and innovation. The Council believes exports are vital to global economic development and to U.S. agriculture's profitability. Founded in 1960, the Council is a private, non-profit corporation with 10 international offices and programs in more than 80 countries. Its unique membership includes producer organizations and agribusinesses with a common interest in developing export markets. Membership funds trigger matching market development funds from the U.S. government and support from cooperating groups in foreign countries to produce an annual development program valued at over $20 million.
Last Updated on October 2, 2002