Record Exports Show the Strength of U.S. Corn Markets

Despite shifting trade dynamics, U.S. corn and ethanol continue to find strong demand around the world. The U.S. is on track for a record 3.3 billion bushels of corn exports this marketing year (ends Aug. 31), with Mexico alone accounting for more than 1 billion bushels.  This is the first time the U.S. has exported that much corn to a single customer.

Ethanol exports are also on pace for a third consecutive record year, reaching about 2.35 billion gallons. Canada is currently the top market, importing an estimated 850 million gallons, while Mexico and Japan represent significant future growth potential.

Hear more from U.S. Grains & BioProducts Council leaders Ryan LeGrand and Jay Reiners about the growing global demand for U.S. corn and ethanol and why strong markets like Mexico and Canada remain so important to Illinois farmers.