Grain Exports Keeping Pace with Prior Marketing Year
U.S. grain exports in-all-forms totaled 96 million metric tons during the first nine months of the current marketing year. The exports to 145 countries are just under the total at the same point in the previous marketing year. Increased grain exports to Mexico, Canada, and Colombia helped to offset year-to-date losses in China and Japan. Those five markets account for almost 70% of the grains-in-all-forms commodity exports.
“These five markets are very important to overall grain-in-all-forms exports,” said U.S. Grains Council Vice President Cary Sifferath. “Strong exports of corn, DDGS, and ethanol mean Canada is now the third-largest market after Mexico and China.”
Mexico surpassed China month-over-month to become the top market for U.S. grains-in-all-forms exports totaling 21 million metric tons during the first nine months of the 2022-2023 marketing year. China is the second largest GIAF export market, with exports of 20 million metric tons during the same period.
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