USDA Reports Total U.S. Corn Export Sales Up 1.8 Percent in 2015/201609/20/2016
The United States exported more than 1.8 billion bushels of corn in the 2015/2016 marketing year, a 1.8 percent increase from the prior year, according to U.S. Department of Agriculture’s weekly sales reports.
Mexico, Japan and Colombia ranked in the top three for total accumulated exports of U.S. corn with more than 492.1 million bushels, 413.4 million bushels and 177.2 million bushels, respectively.
Export sales rose 16 percent to Mexico and 5 percent to Colombia from the previous year. Both of these markets have benefited from aggressive marketing and long-term development efforts by the U.S. Grains Council, of which the National Corn Growers Association is a founding member.
The weekly sales report issued Sept. 15 also showed that the 2016/2017 marketing year is starting off strong for corn with more than 55.1 million bushels in sales and carried over sales from the prior marketing year, an increase of 33 percent from a year ago.
USDA provides weekly export sales reports to identify outstanding sales and accumulated exports broken down by trading partner, allowing the trade and industry to measure export activity for selected U.S. agricultural commodities.
The full reports are available here.
Source: National Corn Growers Association