2020/2021 marketing year ranks as the best grain export year of all time in the USA

Published 2021년 11월 18일

Tridge summary

The U.S. export of grains in all forms (GIAF) reached a record high during the 2020/2021 marketing year, with a 28.3% increase from the previous year, totaling 129.5 million metric tons. This recovery was driven by a surge in corn and sorghum exports, especially to China, and a significant increase in barley and DDGS exports to Mexico and Canada. Despite the impact of COVID-19 on global ethanol trade, U.S. ethanol exports experienced its fifth-largest year on record. The U.S. Grains Council will continue to promote the quality, reliability, and value of U.S. coarse grain products and ethanol in the 2021/2022 marketing year.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

U.S. exports of grains in all forms (GIAF) reached an all-time high during the 2020/2021 marketing year. Recovering from a two-year period of decline, exports rose by 28.3 percent, totaling 129.5 million metric tons (MMT), or 5.2 billion bushels, according to data from the U.S. Department of Agriculture (USDA) and analysis by the U.S. Grains Council (USGC). To track GIAF exports, the Council reviews exports across 10 product sectors, including U.S. corn, barley and sorghum and value-added products including ethanol, distiller’s dried grains with solubles (DDGS) and other co-products, as well as the corn equivalent of exported meat products. “Reaching an all-time high record for exports of grains in all forms while we continue to deal with a global pandemic shows the commitment of USGC members to continue to expand exports of grains in all forms as well as the dedication from USGC’s global staff to develop markets and increase market access for grains in all forms,” said Cary ...

Source: US Grains Council