August 18, 2017
Exports of U.S. feed grains in all forms are up 20 percent year-over-year from September 2016 to June 2017, according to the U.S. Department of Agriculture
Exports measured 96.9 million metric tons. With two months left in the marketing year, exports could set a record high.
U.S. ethanol exports reached a high at 1.15 billion gallons, surpassing the 1.09 billion gallons exported in 2011/2012.
U.S. corn exports increased 36 percent to 1.96 billion bushels, exceeding export totals for the last five marketing years.
Corn exports to Japan, the traditional top customer of U.S. corn, are 453 million bushels, up 48 percent compared to last year. This surpasses last year’s total with two months remaining.
Corn sales to several countries already outpaced historical sales, including record exports to Saudi Arabia, the highest exports to Taiwan since the 1994/1995 marketing year and the most corn exported to South Korea in the last 10 marketing years.