Agriculture

Ag Informer – US Grain Exports on the Rise

National Association of Farm Broadcasting (NAFB) reports:

U.S. grains in all forms (GIAF) exports for the 2021-2022 marketing year topped 122 million metric tons, the second-highest total on record. That total trails the 129 million metric tons in 2020-2021.

The U.S. Grains Council analyzed USDA data to find near-record exports of ethanol helped offset losses from corn, barley, and barley products. Mexico is the top GIAF destination.

Record exports of ethanol, corn, DDGS, and pork and pork products, combined with fewer imports from China, made Mexico the biggest U.S. market in 2021-2022. Mexico imported over 27 million metric tons worth $11 billion. China was the second-largest export market for U.S. GIAF, with exports totaling 26 million metric tons worth more than $11 billion. Canada was in third place, taking in U.S. GIAF totaling more than 13 million metric tons worth $6 billion.

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