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
Mexico’s demand for U.S. corn, soybeans, and wheat remained mostly steady during the first quarter, despite higher transportation costs.
The temporary closures come as grain traffic on the Arkansas River continues running ahead of recent years.
RealAg Radio host Shaun Haney says producers should continue to watch tariff negotiations, market access, and the possibility of a more transactional trade relationship with China.
USMCA review nears a critical stage as the U.S. and Mexico advance talks while Canada risks being left behind, raising concerns across North American agriculture trade.
