Corn

U.S. corn exports were up $1.6 billion (20 percent) from a year ago to $9.2 billion in 2020. Strong feed demand in China contributed to this sharp increase, as did China’s implementation of the Phase One Agreement. Exports to China totaled $1.2 billion, the largest since 2012. China became the third largest destination for U.S. corn in 2020 after Mexico and Japan. The top three markets accounted for 62 percent of total U.S. corn exports. The sum total of U.S. corn exports to Colombia, South Korea, and Guatemala, three U.S. free trade partners, was up $424 million over 2019.

More information from the 2020 U.S. Agricultural Export Yearbook

USDA's latest official data on U.S. and global trade, production, consumption and stocks, as well as analysis of developments affecting world trade in grain, can be found in the Grain: World Markets and Trade report.

Data and Analysis

Attaché Report (GAIN)

Canada: Grain and Feed Annual

In marketing year (MY) 2022/23, production of grains is forecast to increase 30 percent year-over-year on an increase in area planted to spring wheat, durum, and oats, and on the assumption of improved soil moisture conditions resulting in higher yields. However, dry conditions persist in Alberta and Western Saskatchewan and many farmers are behind in their planting schedule, due to unfavorable planting conditions.
Attaché Report (GAIN)

European Union: Grain and Feed Annual

EU’s total grain production for MY 2022/23 is anticipated to amount to 286 MMT, down from the 293 MMT registered the previous season. The favorable growing conditions across the EU are not anticipated to counter the reduction expected in area planted to grains.
Attaché Report (GAIN)

Argentina: Grain and Feed Annual

Wheat exports in marketing year (MY) 2022/2023 are forecast down at 12.6 million metric tons (MMT), as result of a smaller acreage and lower productivity. Meanwhile, barley exports are projected up at 3.7 MMT, which would be the largest on record.

News and Features

May 12, 2022
Export Sales Announcement

Export Sales to China

Private exporters reported sales of 612,000 MT of corn for delivery to China - 68,000 MT is for delivery during MY 2021/2022 and 544,000 MT is for delivery during MY 2022/2023.
April 28, 2022
Export Sales Announcement

Export Sales to China

Private exporters reported sales of 1,088,000 MT of corn for delivery to China - 476,000 MT is for delivery during MY 2021/2022 and 612,000 MT during MY 2022/2023.

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