News & Events
This week’s U.S. Grains Council (USGC) Chart of Note illustrates that projected U.S. sorghum exports for the 2014/2015 marketing year are expected to be 10 times larger than just a few years ago, during the 2011/2012 marketing year. This sizeable increase is mostly attributable to China, which has had surging demand since receiving its first bulk shipment on Oct. 13, 2013.
This week’s U.S. Grains Council’s (USGC's) Chart of Note illustrates that global corn stocks for the 2014/2015 marketing year are projected to be 185.3 million metric tons (7.3 billion bushels), the largest ending stocks since the 1999/2000 marketing year when 194.4 million tons (7.7 billion bushels) were carried over, according to the U.S. Department of Agriculture (USDA).
According to the latest figures from the U.S. Department of Agriculture (USDA), U.S. producers will plant an estimated 89 million acres (36 million hectares) of corn this year, down 1.8 percent from 2014/2015’s plantings of 90.6 million acres (36.6 million hectares).
This week’s U.S. Grains Council’s (USGC’s) Chart of Note illustrates the stunning record of more than 18 million metric tons of total coarse grains and co-products imported by China from October 2013 to September 2014.
This week’s U.S. Grains Council’s (USGC) Chart of Note illustrates the importance of the top four Latin American corn importers - Mexico, Colombia, Venezuela and Peru - in the world corn market this marketing year in comparison to expected top 10 markets.
The top four corn importing countries in Latin America are estimated to make up more than a quarter of the world market for corn this year. In fact, combined they are expected to import more corn from the world than Japan, which is currently the top destination for U.S. corn.
This week’s Chart of Note illustrates the high quality of U.S. corn at harvest demonstrated in the U.S. Grains Council’s (USGC) 2014/2015 Corn Harvest Quality Report. According to this analysis, most samples from the 2014 U.S. corn crop would grade No. 1 based on the four grading factors of test weight, broken corn and foreign material (BCFM), total damage and heat damage.
This week’s U.S. Grains Council’s (USGC) Chart of Note illustrates how exports of U.S. distiller’s dried grains with solubles (DDGS) have shifted from China to other countries in recent months.
This week’s U.S. Grains Council (USGC) chart of note illustrates the 177 percent increase in U.S. corn exports to the Western Hemisphere in the 2013/2014 marketing year, which ran Sept. 1, 2013 to Aug. 31, 2014, over the 2012/2013 marketing year.
This U.S. Grains Council’s chart of note illustrates five Southeast Asian countries’ growing demand for corn as livestock feed.
In 2004, the region’s feed sector corn demand was 15 million metric tons. Less than a decade later, that demand has grown to more than 25 million tons, a 66.7 percent increase. This rise in demand is amid a decrease in the availability of local corn supplies, which results in a higher reliance on imported coarse grains and co-products.