Tuesday, June 18, 2024

ERS: Increases in current U.S. corn export amounts

By David B. Strickland Poultry Times editor dstrickland@poultrytimes.com

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WASHINGTON — The production of U.S. feed grain for 2023/2024 was estimated in December at 400 million metric tons by the USDA’s Economic Research Service in its most recent “Feed Outlook” report. The total feed grain supply was forecast at 439.4 million metric tons.

“Strong corn exports and healthy outstanding sales, particularly for Mexico, contribute to a 25-million-bushel increase in the 2023/24 U.S. corn export forecast,” ERS said. “The corn and sorghum season-average prices received by farmers remain unchanged; however, barley and oats prices are raised to align with reported. . .

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