Grains, Feeds and Fodders
U.S. Grains, Feeds and Fodders Exports in 2024
Total Export Value
$29.7 Billion
Total Volume (Millions)
104.25 Metric Tons
3-Year Average
$32.08 Billion
Compound Average Growth
2.5% (2015-2024)
| Market | Total Value (USD) |
|---|---|
| Mexico | $8.04 Billion |
| Japan | $4.2 Billion |
| China | $2.82 Billion |
| Colombia | $1.9 Billion |
| South Korea | $1.75 Billion |
| Canada | $1.46 Billion |
| European Union | $961.22 Million |
| Taiwan | $877.28 Million |
| Philippines | $833.54 Million |
| Saudi Arabia | $525.6 Million |
Data and Analysis
A large portion of Australia’s winter cropping area is well-positioned, heading into the forecast year. In New South Wales, Queensland, and Western Australia, early seasonal conditions are favorable, indicating potential for strong wheat and barley production.
New Zealand’s grain and feed sector is relatively small on a global scale, producing around 2.1 million metric tons (MMT) annually, well below the country’s total demand for feed, leading to the import of approximately 60 percent of its grain and feed needs.
Malaysia relies on imports to satisfy local demand for grain commodities including rice, corn, and wheat.
News and Features
Private exporters reported the following sales activity for MY 2024/2025: 120,000 MT of corn for delivery to Spain and 110,000 MT of soybeans for delivery to unknown destinations.
Private exporters reported sales of 235,000 MT of corn received in the reporting period for delivery to Mexico - 130,000 MT is for delivery during MY 2024/2025 and 105,000 MT is for delivery during MY 2025/2026.
Private exporters reported sales of 110,000 MT of corn for delivery to Portugal during MY 2024/2025.
Upcoming
All times in ET.
May 12
Mon
|
12:15 PM
May 12
Mon
|
12:15 PM
Report Release
World Agricultural Production
Jun 12
Thu
|
12:15 PM
Jun 12
Thu
|
12:15 PM
Report Release
World Agricultural Production
Jul 11
Fri
|
12:15 PM