Miller Magazine Issue: 155 November 2022
40 MILLER / NOVEMBER 2022 U.S. grains in all forms (GIAF) exports for marketing year (MY) 2021/2022 totaled more than 122 million metric tons (MMT), the second highest year on record following 129 MMT in MY 2020/2021, according to data from the U.S. Department of Agriculture (USDA) and analysis by the U.S. Grains Council (USGC). Near-record ex- ports of ethanol helped offset losses from corn and barley and barley products. As the new 2022/23 marketing year takes off, the USGC is continuing to work around the world to promote the qual- ity, reliability and value of U.S. grain products and ethanol. To track GIAF exports, the Council reviews exports across 10 product sectors, including U.S. corn, barley and sorghum and value-added products including ethanol, distiller’s dried grains with solubles (DDGS) and other co-products, as well as the corn equivalent of exported meat products. TOP THREE GIAF COUNTRIES Mexico: Record exports of ethanol, corn, DDGS and pork and pork products, combined with a reduction in GIAF from China, made Mexico the largest GIAF market in 2021/22. The country imported more than 27 MMT (equal to 1 billion bushels) worth $11 billion, accounting for more than 22% of the total MY 2021/2022 export market. Mexico was the top market for U.S. corn, barley and barley products, coarse grain products, DDGS, pork and pork products, poultry and poultry products and the second-largest market for U.S. sorghum. Exports of corn and DDGS to Mexico increased substantially, totaling nearly 17 MMT of corn and 2.3 MMT of DDGS in MY 2021/2022. U.S. sorghum exports to Mexico also more than quadrupled from last year, totaling 361,000 MT. China: China was the second-largest market for U.S. GIAF in the 2021/2022 marketing year, with exports totaling 26 MMT worth over $11 billion, accounting for 21% of the total MY 2021/2022 export market. China was the top market for U.S. sor- ghum, with exports totaling 6.45 MMT in MY 2021/22 (equal to 260 million bushels), worth over $2 billion. China was also the second-largest market for U.S. corn, pork and pork products and poultry and poultry products. The decline in exports to China is attributed to lower corn exports and decreased ethanol exports. MY 2021/2022 corn exports to China totaled nearly 15 million MT, down 7 MMT from the last marketing year and ethanol ex- ports to China totaled less than 500,000 gallons, dropping it from the top 10 markets. Canada: Canada was the third-largest U.S. GIAF market in the in the 2021/22 marketing year, with exports totaling more than 13 MMT (equal to 252 million bushels) worth $6 billion, accounting for 11% of the total MY 2021/2022 export market. Canada is a top five market for seven out of the 10 GIAF com- modities including ethanol, barley and barley products and U.S. grain exports hit second-highest year on record in 2021/22 season NEWS
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