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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.
Turkey was the 11th-largest export market for U.S.agricultural products in calendar year 2011.
Production of distillers dried grains (DDG) has soared in recent years as ethanol production has grown.
Brazilian exports continue to surge and provide growing competition for U.S. farm products.
Brazilian crop and livestock production continues to expand, building on rapid gains over the past few decades.