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Major bulk commodities, as a share of total U.S. agricultural exports, have risen and fallen dramatically since 2020. Beyond short-term price volatilities that have largely driven these developments, changes to the largest overseas market and an increasingly competitive landscape also affect the prospect for major U.S. bulk exports.
For marketing year (MY) 2021/22, Post forecasts 230,000 hectares (ha) of wheat planted area totaling 1.4 million metric tons (MMT) of wheat production, which represents a 2.56 percent increase...