2016/2017 Exports of Feed Grains In All Forms Up 33 Percent Year-On-Year

U.S. exports of feed grains in all forms increased 33 percent year-over-year in the first six months of the 2016/2017 marketing year, according to recently published trade data from the U.S. Department of Agriculture (USDA) and analysis by the U.S. Grains Council (USGC).

That data showed the United States exported more than 56.6 million metric tons of feed grains in all forms - a calculation that measures grain products in corn equivalent - from September 2016 to February 2017, compared to 42.5 million tons during the same time the prior marketing year.

Chart of Note: The U.S. Is The Top World Net Exporter Of Ethanol

In 2016, the United States was again the world’s largest net exporter of ethanol, according to U.S. Department of Agriculture (USDA) trade data and as demonstrated in this U.S. Grains Council (USGC) chart of note. 

Net exports are calculated as the difference between exports and imports. The 2016 calendar year concluded with U.S. net exports of 838 million gallons, the second highest level ever, exceeded only in 2011. U.S. ethanol shipments exceeded 1 billion gallons, and incoming shipments totaled nearly 215 million gallons in 2016. 

Chart of Note: Healthy Start for U.S. Ethanol in 2016/2017 Marketing Year

Exports of U.S. ethanol began with notable growth in the first month of the new marketing year, according to recent data published by U.S. Department of Agriculture's Global Agricultural Trade System (GATS).

The top three customers of U.S. ethanol in September 2016 were Canada, Brazil and China, respectfully. Exports of U.S. ethanol totaled 99.6 million gallons (903,000 metric tons of corn equivalent).

Chart Of Note: Members of DR-CAFTA Set New Trade Records in 2015/2016

Several Latin American countries set U.S. grain import records in the 2015/2016 marketing year, according to recent data reported recently by the U.S. Department of Agriculture, illustrated in this Chart of Note.

Guatemala, El Salvador, Honduras and Nicaragua have reached new records of U.S. corn imported while El Salvador and Honduras have new records of U.S. distiller's dried grains with solubles (DDGS) imported.

Chart of Note: Exports of U.S. DDGS Reach Record High in Middle East and North Africa

This week's Chart of Note illustrates the record breaking exports of U.S. distiller's dried grains with solubles (DDGS) to the Middle East and North Africa in the 2015/2016 marketing year.

According to the U.S. Department of Agriculture's (USDA's) latest trade data report, the United States exported more than 1.14 million metric tons of DDGS to these countries last marketing year, a new high.

Chart of Note: U.S. DDGS Exports Up 6 Percent

The U.S. Department of Agriculture’s (USDA) latest report on trade data showed exports of U.S. distiller's dried grains with solubles (DDGS) to all countries are up 6 percent this marketing year, ending Aug. 30. If this pace continues, the export tally for the year should approach 12 million metric tons, near a record set during the 2013/2014 marketing year. 

Shareable: More Than 1.4 MMT of U.S. Corn Exported Last Week

Global exports of U.S. corn just had an excellent week, the U.S. Department of Agriculture (USDA) confirmed in its weekly sales update out Aug. 11.

Exports totaled 1.44 million metric tons from July 29 to Aug. 4, up 27 percent from the previous week and 16 percent from the prior four-week average. 

Among the top destinations were Mexico (254,900 tons), Japan (198,100 tons), South Korea (196,300 tons), Saudi Arabia (137,800 tons), Egypt (122,200 tons) and Colombia (118,000 tons), suggesting the importance and value of U.S. corn globally.

Chart of Note: Global Survey Demonstrates Scale Of Feed Market

Global feed tonnage reached 995.6 million tons in 2015, according to the 2016 edition of an annual global feed survey by agriculture supplier Alltech.

The survey, conducted in December 2015, gathered data from 131 countries, 32,341 feed mills, and several feed industry associations.

Over the past five years, global feed tonnage has increased by 14 percent and, in the past year alone, tonnage increased by 2 percent, the survey showed. The data reflects a worldwide increase in the demand for protein and the global need for feed production.

U.S. Corn Sales Upswing Hits New High

This week’s U.S. Grains Council (USGC) Chart of Note illustrates the recent upswing in sales of U.S. corn to countries around the globe. This is good news after months of struggling corn exports due to a strong U.S. dollar and larger-than-expected global corn supplies.

Mexico remains the top market for U.S. corn this marketing year, with Japan – the traditional top market – catching up with sales of 256,700 metric tons (10.1 million bushels) of U.S. corn this week.

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