In the midst of recent trade uncertainties, the U.S. Grains Council is highlighting the value of its exports. A new study puts the value at $29 billion, a number that leaders say highlights the importance of ag trade around the globe.
The U.S. Grains Council says the value of export markets for the U.S. ag industry cannot be understated. During a study alongside the National Corn Growers Association, they found grain and grain exports supported an economic output of more than $86 billion in 2021 and helped support nearly 350,000 jobs.
They also found that for every dollar that grain exports generate, nearly $3 in business sales is supported.
Related Stories
Lower U.S. ethanol production and stocks may support ethanol prices while strong export demand continues to support ethanol and corn markets.
China’s changing pork demand may limit export growth opportunities.
Margin pressure and competitiveness concerns are shaping cautious outlooks.
Fewer DEF-related shutdowns could mean more uptime during planting and harvest seasons.
