Wheat
In 2020, the value of U.S. wheat exports to the world reached $6.3 billion, up 1 percent from 2019 due to increased demand from China. The top three markets, accounting for 36 percent of sales, were the Philippines at $826 million, Mexico at $778 million, and Japan at $635 million. Increased demand from China offset stronger competition from Russia and Canada in key markets including Nigeria.
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
Post forecasts MY2021/22 rice production to increase to 21 million metric tons despite flooding. Posts expects Thai rice exports to increase to 5.8 million metric tons in 2021.
Very high temperatures starting in May and low precipitation did not have a negative effect on wheat and barley production in Serbia, while corn yield will be reduced by at least 20 percent.
Post's marketing year 2021/2022 rice harvested area and production forecast is 11.42 million hectares and 35.5 million metric tons, respectively, on reduced Aus rice production. The Government of Bangladesh reduced the rice total tax incidence...
News and Features
November 16, 2021
Vietnam Lowers Tariffs on Corn, Wheat, Pork
The government of Vietnam has published a decree revising its most-favored nation tariff rates for corn, wheat and frozen pork.
September 6, 2021
Private Exporters Report Sales Activity for Nigeria
Private exporters reported to the U.S. Department of Agriculture export sales of 327,300 metric tons of hard red winter wheat for delivery to Nigeria during the 2021/2022 marketing year.
July 16, 2021
Private Exporters Report Sales Activity for China
WASHINGTON, July 16, 2021—Private exporters reported to the U.S. Department of Agriculture export sales of 134,000 metric tons of soft red winter wheat for delivery to China during the 2021/2022 marketing year. The marketing year for wheat began June...
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