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
Researchers with the University of Tennessee Institute of Agriculture are studying the clouded plant bug, which causes millions of dollars in damage to crops such as corn, soybeans, and cotton growing across the state.
April 02, 2026 03:49 PM
·
Farm Bureau Economist Dr. Faith Parum warns farmers to brace for more losses as the war in Iran sends shockwaves through the ag economy and raises input costs even further.
April 02, 2026 01:31 PM
·
Margin pressure and competitiveness concerns are shaping cautious outlooks.
April 02, 2026 12:40 PM
·
Fewer DEF-related shutdowns could mean more uptime during planting and harvest seasons.
April 02, 2026 11:44 AM
·
Shaun Haney, host of RealAg Radio, outlines potential risks for agriculture as negotiations continue between the two countries
April 01, 2026 03:15 PM
·
Consistent sorghum quality supports strong export demand potential.
April 01, 2026 10:45 AM
·
