US Corn, Sorghum Exports Reaching Record Levels, USDA Says
U.S. corn and sorghum exports are expected to reach record levels by the end of the 2020-2021 fiscal year, a result of strong foreign demand and reduced competition, the U.S. Department of Agriculture Foreign Agricultural Service said in a June…
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16 report. Corn exports for the past year are expected to reach 73 million tons, the “largest in history,” USDA said, while sorghum shipments are expected to reach 7.8 million tons, their highest levels since 2015-2016. Much of the demand has come from China in a trend expected to continue into the next fiscal year, especially for corn, the USDA said.