USA Corn Exports
Corn is the leading coarse grain that is in demand among many other grains that include barley, oats, and rye. Corn is in primary demand for the feed production and smaller amounts are in demand for industrial and food uses. The United States is the largest producer and exporter of corn and the demand for the crop producer for animal feed production is on an exponential rise spree.
The interesting fact about US Corn trade is that the demand for US Corn is quite minimal in terms of the exporting needs. Even with lower demand, USA controls and determines the global prices of corn. The weather around the US Corn belt also plays an influential role in the corn production and thereby the global market trend for corn.
Here are some insights to the corn demand and its related exports across the world
- China and United States are two largest producers of corn and yet their domestic consumption equals to their own produce. At times, China has consumed more than its own production
- The United States is also the world’s largest corn consumer which greatly affects the world average growth of the crop
- The USA consumes its own production in the years 1993 and 2012 when there were severe crop failures
- The current year is seeing a drop in the corn exports from the USA and the total contribution to world exports is only a smaller share
- FSU regional impacts the corn exports across the world and hence an important driver in the export of corn from the USA too
The statistics around the corn exports from the USA are as follows:
- The United States grows 15 billion bushels of corn on an average each year. This is roughly close to 400 million metric tons
- Around 13 percent of the corn produced is typically exported to more than 100 countries around the world from the United States
- Three major corn destinations are Japan, Mexico and Columbia in the world who import corn from the USA
- Corn is a crop that is grown across all 50 states of the United States but primarily concentrated in the northern and Midwestern states. These states are collectively known as the U.S. corn belt
- Iowa is the largest corn producing state in the USA
- Nebraska is known as the Cornhusker State and it is the third largest state in the USA in terms of corn production