Tridge summary
The US export 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 the USDA and the US Grains Council. Despite a five percent year-over-year decline, GIAF exports represented the fifth highest year on record. The largest percentage decline was in corn exports, down 14 percent due to competitive South American supplies. China became the top five US corn buyers at 2.09 million tons, a dramatic increase from the previous year. However, US DDGS exports ended the year down 6.6 percent at 10.5 million tons. Mexico remained the top buyer, although total imports of 1.8 million tons represented nearly an 11 percent decline year-over-year. US sorghum exports saw a bounce upward for the 2019/2020 marketing year, with China importing 3.67 million tons and exports to Mexico also increased 21.5 percent.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
US 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 US Department of Agriculture (USDA) and analysis by the US Grains Council (USGC). While the export total declined five percent year-over-year, GIAF exports still represented the fifth highest year on record. US corn exports represented the largest percentage decline in 2019/2020, down 14 percent year-over-year due to competitive South American supplies. Exports for the year totaled 45.1 million tons (1.78 billion bushels). Mexico retained its position as the top market for US corn at 14.5 million tons (571 million bushels), down 10 percent year-over-year. Notably, Colombia increased imports slightly to 4.91 million tons (193 million bushels). China skyrocketed into the top five US corn buyers at 2.09 million tons (82.2 million bushels), a dramatic increase from 259,000 tons (11.6 million bushels) ...
Source: Pig 333
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