Grains, Feeds and Fodders
U.S. Grains, Feeds and Fodders Exports in 2023
Total Export Value
$28.9 Billion
Total Volume (Millions)
80.88 Metric Tons
3-Year Average
$34.2 Billion
Compound Average Growth
0.56% (2014-2023)
| Market | Total Value (USD) |
|---|---|
| Mexico | $7.66 Billion |
| China | $4.19 Billion |
| Japan | $3.81 Billion |
| Canada | $1.7 Billion |
| Colombia | $1.45 Billion |
| South Korea | $1.12 Billion |
| Philippines | $834.13 Million |
| Taiwan | $767.04 Million |
| European Union | $548.18 Million |
| Saudi Arabia | $521.04 Million |
Data and Analysis
FAS Bangkok forecasts Thailand’s rice and corn production to increase in MY 2024/25 in response to improvement in average yield due to higher water supplies, compared to MY 2023/24.
Export prices rose 1-3 percent from the previous week as the Thai baht strengthened and exporters continued to secure the rice supplies to fulfill contract shipments.
Export prices of white and parboiled rice rose one percent from the previous week as exporters reportedly continued to secure the rice supplies to fulfill contract shipments.
News and Features
Private exporters reported sales of 454,090 MT of corn for delivery to Mexico - 364,792 MT is for delivery during MY 2024/2025 and 89,298 MT is for delivery during MY 2025/2026.
Private exporters reported the following sales activity for MY 2024/2025: 401,357 MT of corn for delivery to Mexico and 290,820 MT of corn received in the reporting period for delivery to unknown destinations.
Private exporters reported sales of 110,500 MT of corn for delivery to Mexico during MY 2024/2025.