Chart Of Note: U.S. Exports Of Feed Grains In All Forms (GIAF) End Marketing Year At Nearly 101 Million Metric Tons

Published 2020년 10월 8일

Tridge summary

The U.S. Department of Agriculture and the U.S. Grains Council have reported that U.S. grain exports reached nearly 101 million metric tons in the 2019/2020 marketing year, marking a five percent year-over-year decline but the fifth highest year on record. This includes exports of corn, barley, sorghum, and value-added products like ethanol, distiller’s dried grains with solubles (DDGS), and other co-products. Despite challenges such as competitive South American supplies and COVID-19 impacts, the U.S. maintains strong export markets. Notably, China has emerged as a significant buyer of U.S. corn and sorghum. The 2020/2021 marketing year has started with near-record sales, indicating a promising outlook for U.S. grain exports despite some declines in specific product categories like corn and DDGS.

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

Original content

Click this chart to view a larger version. U.S. exports of grain in all forms (GIAF) reached nearly 101 million metric tons, equivalent to 3.97 billion bushels, by the end of the 2019/2020 marketing year, according to data from the U.S. Department of Agriculture (USDA) and analysis by the U.S. Grains Council (USGC). While the export total declined five percent year-over-year, GIAF exports still represented the fifth highest year on record. Tracking GIAF exports provides a more holistic view of the feed grains produced by U.S. farmers and consumed by overseas customers than sales of one grain product alone. To do so, the Council reviews exports across 10 product sectors, including raw grain exports of 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. “There is no other way to frame it: the last marketing year was extremely difficult,” ...

Source: US Grains Council