NASHVILLE, TENN. (RFD NEWS) — U.S. corn growers may have a new export opportunity in Thailand after U.S. suppliers and Thai buyers signed a memorandum of understanding (MOU) to support future corn trade. U.S. Grains & BioProducts Council President and CEO Ryan LeGrand says Thailand currently buys no U.S. corn.
LeGrand says meaningful Thai purchases have been absent for years. He says Thailand has not imported more than 100,000 metric tons of U.S. corn since the early 2000s, and last reached about 20 million bushels in the mid-1990s.
The new agreement could change that. LeGrand says Thailand may be ready to buy at least one million metric tons, or roughly 39-40 million bushels, with annual needs closer to 118-157 million bushels.
The Council develops export markets for U.S. corn, barley, sorghum, ethanol, and related products, including distillers’ grains.
LeGrand says the next step is execution, with exporters needing to sell and deliver the bushels.
Farm-Level Takeaway: Thailand will not replace major corn buyers overnight, but renewed access could create another outlet for U.S. corn demand.
Tony St. James, RFD News Markets Specialist
Record U.S. sorghum crop faces weak demand as China slashes imports, while corn farmers warn of rising costs, shrinking margins, and global market pressures.
September 22, 2025 11:46 AM
·
Dairy farmers are expected to face strong output and export gains, but lower prices and tighter margins will persist into next year.
September 22, 2025 10:52 AM
·
Ethanol producers face a widening opportunity window as aviation and marine fuel markets expand, with the potential to add billions in demand if policy and certification align.
September 19, 2025 02:42 PM
·
All eyes will be on today’s Cattle on Feed Report, which analysts say could give a clearer picture of where the market goes next.
September 19, 2025 01:01 PM
·
September 19, 2025 10:09 AM
·
Corn and beef exports showed strong momentum, cotton sales surged, and soybean sales held steady, though China remains absent from the U.S. market.
September 18, 2025 04:43 PM
·
