US corn exports revised upwards

Published 2025년 4월 10일

Tridge summary

The WASD report, published amidst customs disputes, highlights changes in global agricultural markets, including a 2.5 million tonne increase in US corn export forecasts. Despite these positive trends in US exports, there's a slight rise in European imports and livestock feed consumption. Chinese agricultural imports are expected to decline, with a significant reduction in corn imports and wheat imports forecasted to drop by 3 million tonnes. Global soybean production remains unchanged, though global stocks have been revised upwards, primarily due to a revision of beginning stocks in Brazil.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

This WASD report is being published in the midst of a customs turmoil, as President Donald Trump has made numerous announcements and reversals, seemingly focusing his ire on Beijing this weekend. "The USDA has finally revised its forecast for US corn exports upwards by 2.5 million tonnes (to 64.8 Mt)," Gautier Le Molgat, CEO of Argus Media France, told AFP. This report on the state of global agricultural production, exports, and stocks "incorporates the positive momentum in US exports in recent months," he explained. In Europe, despite a slight upward revision in production, there has been a slight increase in imports, alongside an increase in livestock feed consumption. The American yellow grain served its usual customers in the United States, led by Mexico, but also Europeans, who turned to America "due to the reduced availability of Ukrainian corn," noted Damien Vercambre, an analyst at Inter-Courtage. Note: the USDA is not changing Chinese corn imports, which had already ...
Source: TerreNet

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