World Grain - March 2010 - 14

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Syria enforces levy on corn, barley imports
WASHINGTON, D.C., U.S. - In an effort to encourage local
production and generate revenue for the national treasury, Syria recently imposed import duties on corn and barley, the U.S.
Grains Council (USGC) reported on Feb. 5.
The duties were originally set at $77 per tonne but have since
been scaled back due to industry pressure. They are currently at
$22 per tonne for corn and $44 per tonne for barley.
Joe O'Brien, USGC regional director in the Middle East and
Subcontinent, said local importers and manufacturers of feed and
starch products feared their products and exports would become
uncompetitive as a result of the duties, giving impetus to smuggling. In response, they lobbied their government for a levy reduction. O'Brien said that there is continued industry pressure to
have these duties removed entirely.
"Domestic production of both grains has been flat within the
past few years as imports have increased," he said. "Local corn
production in the past five years has varied from 125,000 tonnes
to 200,000 tonnes. Harvested grains have been of poor quality
with poor drying and storage. Production has not been able to
satisfy the demand of around 2 million tonnes."
While the U.S. market share in Syria dropped from 80% to
about 27.4% (494,000 tonnes or 19.4 million bushels) for corn in
2009, O'Brien said that traders feel these new duties will not have
much of an impact. Market intelligence has shown that any loss of
U.S. market share in the country can be attributed to price, access
to the Black Sea and attractiveness of smaller vessel purchases.
O'Brien also said that Syria's levies have not come as a complete surprise as the Syrian government has taken similar measures in the past. As Syria currently imports about 1.8 million
tonnes (70.9 million bushels) of corn, the USGC said it will continue to monitor the Syrian market and service customers in the
country.

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ADM announces management appointments
DECATUR, ILLINOIS, U.S. - Archer Daniels Midland Company (ADM) announced on
Feb. 8 the appointments of Matthew J. Jansen to president, Oilseeds business unit, and
Matthew D. Bruns to vice-president, Corn
Processing.
Jansen's responsibilities include all commercial activity, operations and production for the
company's Oilseeds business unit, ADM said.
Jansen
Since joining the company in 1989, he has held
a range of merchandising and management roles, including serving as president of the company's operations in South America and
president of the company's Grain Group. Most recently, he served
as vice-president, Risk Management and Ethanol Trading and Sales.
Bruns will oversee ethanol trading and sales
as well as the Corn business unit's commodity risk, ADM said. He joined the company in
1995 and was most recently vice-president, Export Trading, for ADM's Grain Group. He had
previously served in management roles in the
company's merchandising operations in Europe
Bruns
and China.

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World Grain - March 2010

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