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
Governments’ support for inputs and rice production have lifted area harvested and yields, boosting production across much of the region. Marketing year (MY) 2024/25 area harvested for rice in Senegal, Guinea, Burkina Faso, and Mali is projected up 1.7 percent year-over-year.
Rice export prices increased one percent as exporters are securing rice supplies to fulfill contracted shipment despite the weakening of the Thai baht.
The 2024 crop season in Morocco is progressing under difficult conditions. Dry and hot weather during January and February has driven production to record lows, especially in the southern parts of Morocco. Post forecasts MY2024/25 production at 1.55 MMT for common wheat, 0.75 MMT for durum wheat, and 0.65 MMT for barley.
News and Features
Private exporters reported the following sales activity: 216,500 MT of corn to Mexico - 23,000 MT in MY 2023/2024 and 193,500 MT in MY 2024/2025 - and 121,500 MT of soybeans to Mexico - 13,500 MT in MY 2023/2024 and 108,000 MT in MY 2024/2025. Test URL: https://www.freshproduce.com/events/the-global-produce-and-floral-show/
USDA and USAID will deploy $1 billion in Commodity Credit Corporation funding to purchase U.S.-grown commodities to provide emergency food assistance to people in need throughout the world.
Private exporters reported sales of 165,000 MT of corn for delivery to Mexico - 135,000 MT is for delivery during MY 2023/2024 and 30,000 MT is for delivery during MY 2024/2025.
Upcoming
All times in ET.
Dec 10
Tue
|
12:15 PM
Dec 10
Tue
|
12:15 PM
Report Release