Trade in Corn

The United States has long been the world’s leader in the production of corn for export. This trend is expected to continue although the percentage of total corn exports coming out of the United States is projected to fall from 54.5% in 2009-2010 to 52.7% in the growing season 2020-2021. This projection is one among many presented in a report titled USDA Agricultural Projections to 2020. In-depth reports such as this one are being put out regularly by the Federal government’s many agencies.

Today’s market size post is a measure of the corn exported in 2010 and projected exports worldwide in 2020.

Geographic reference: United States and World
Year: 2010 and 2020
Market size: United States: 49.5 and 59.7 million metric tons respectively
Market size: World: 93.1 and 113.2 million metric tons respectively
Source: “Table 5. Corn Trade Long-Term Projections,” USDA Agricultural Projections to
2020,
February 2011, page 49, available online here.
Original source: U.S. Department of Agriculture, Interagency Agricultural Projections Committee