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
China still has a long way to go before it meets its commitment to buy 12 million metric tons of U.S. soybeans this year.
November 18, 2025 11:23 AM
·
Ethanol markets remain mixed — weaker production and blend rates are being partially balanced by stronger exports as winter demand patterns take shape.
November 17, 2025 01:24 PM
·
Tariff relief may soften grocery prices, but it also intensifies competition for U.S. fruit, vegetable, and beef producers as cheaper imports regain market share.
November 17, 2025 01:20 PM
·
Strong U.S. yields and steady demand leave most major crops well supplied, keeping price pressure in place unless usage strengthens or weather shifts outlooks.
November 17, 2025 01:17 PM
·
While agriculture doesn’t predict every recession, the sector’s long history of turning down before the broader economy
November 16, 2025 12:00 PM
·
ARC-CO delivers the bulk of 2024 support, offering key margin relief as producers manage tight operating conditions.
November 15, 2025 12:00 PM
·
