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
Corn and sorghum exports remain strong; soybean demand lags.
April 01, 2026 10:23 AM
·
USDA’s Quarterly Grain Stocks report shows increased supplies across all major commodities, with corn, soybeans, and wheat stocks all rising compared to a year ago. Lewis Williamson with HTS Commodities discusses producer and market sentiment ahead of the key report.
March 31, 2026 12:17 PM
·
Acre shifts reflect margins, costs, and market opportunities.
March 31, 2026 12:15 PM
·
Lower shipping costs alone will not restore export competitiveness.
March 31, 2026 08:00 AM
·
Rising fuel costs will soon increase grain transportation expenses.
March 31, 2026 06:00 AM
·
The USDA’s upcoming reports will drop on Tuesday afternoon, giving the trade real results on acreage shifts, drought concerns, and ongoing trade tensions, adding uncertainty for U.S. farmers.
March 30, 2026 01:59 PM
·
