Home Indiana Agriculture News U.S. Feed Grain Exports Lower

U.S. Feed Grain Exports Lower

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The U.S. Grains Council says U.S. exports of all feed grains from September through March of this marketing year totaled 51.4 million metric tons, down 7 percent from the same time last year. Higher exports of DDGS, corn gluten feed, corn gluten meal, sorghum, and pork working to offset weaker exports of corn, barley, beef, poultry, and ethanol. Last marketing year, US feed grain exports in all forms totaled a near record 100 million tons, representing 26 percent of US production in corn, barley, and sorghum. This year, the US Grains Council expects that total to be lower, somewhere between 93-96 million tons. While US corn exports have struggled against a strong dollar and larger than expected overseas supplies, DDGS have been a bright spot. Shipments of dried distiller’s grains with solubles are up 18 percent over last year. The corn co-product may have the potential to reach record amounts of exports this year with broad-based gains in 7 of the top 10 export markets.

Source: NAFB News service