Grains, Feeds and Fodders
U.S. Grains, Feeds and Fodders Exports in 2023
Total Export Value
$28.9 Billion
Total Volume (Millions)
80.88 Metric Tons
3-Year Average
$34.2 Billion
Compound Average Growth
0.56% (2014-2023)
Market | Total Value (USD) |
---|---|
Mexico | $7.66 Billion |
China | $4.19 Billion |
Japan | $3.81 Billion |
Canada | $1.7 Billion |
Colombia | $1.45 Billion |
South Korea | $1.12 Billion |
Philippines | $834.13 Million |
Taiwan | $767.04 Million |
European Union | $548.18 Million |
Saudi Arabia | $521.04 Million |
Data and Analysis
FAS Manila forecasts Marketing Year (MY) 2024/25 rice imports to reach 4.60 million metric tons (MT), given the implementation of Executive Order No. 62, 2024 that reduced rice tariff rates from 35 to 15 percent.
Rice export prices further dropped 1-6 percent from the previous week in response to the removal of India’s rice export ban, despite the strengthening of the Thai baht.
Since USDA first established a stand-alone mission area focusing on trade and international affairs in 2017, USDA’s Trade and Foreign Agricultural Affairs and the Foreign Agricultural Service, have made significant trade policy advances to support U.S. agriculture. This series of commodity fact sheets highlights the many recent trade policy advances achieved by USDA.
News and Features
Private exporters reported the following sales activity for MY 2024/2025: 155,000 MT of corn for delivery to Mexico and 172,500 MT of soybeans for delivery to unknown destinations.
Private exporters reported the following sales activities for MY 2024/2025: 116,000 MT of soybeans for delivery to China and 198,000 MT of corn for delivery to unknown destinations.
Private exporters reported the following sales activity for MY 2024/2025: 195,000 MT of corn for delivery to unknown destinations and 120,000 MT of soybeans for delivery to unknown destinations.
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Oct 11
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Oct 11
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12:15 PM
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World Agricultural Production
Nov 8
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12:15 PM
Nov 8
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Report Release
World Agricultural Production
Dec 10
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