New trade data from the U.S. Department of Agriculture (USDA) indicates that feed grain exports in all forms totaled 100.5 metric tons in 2015-16; an increase of more than 300,000 metric tons from the previous year.
The U.S. Grains Council (USGC) calculation includes feed grains exported by the U.S. in unprocessed and value-added forms, giving farmers a more accurate idea of the demand from global customers.
Included in the data from the USDA and USGC are U.S. corn, sorghum, barley, distiller's dried grains with solubles (DDGS), corn gluten feed (CGF), corn gluten meal (CGM), ethanol as measured in corn equivalents, meat and poultry as measured in corn equivalents and processed feed grain products.
The increase in exports of corn, DDGS, and pork were enough to offset a slow year in exporting barley, CGF and CGM, sorghum and poultry in the previous marketing year.
The USDA and USGC predict that corn feed grain and products exports will reach almost a third of U.S. production with international markets for animal feed, ethanol and meat by the marketing year 2025-26. In order to accomplish this goal, the industry needs to continue supporting trade agreements like those signed with Central America, Peru and Colombia to keep current trade doors open and open new doors.
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