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LeGrand: Grain Exports Have “Skyrocketed”

Published December 21, 2020

There are a lot of irons in the fire when it comes to relations between the U.S. and its trading partners around the world. A couple years ago at the height of the trade war, next to nothing was being exported from the U.S. to China. A lot has changed since then, and grain exports to China have “skyrocketed again.” That’s according to U.S. Grains Council President and CEO Ryan LeGrand. “Both corn and soybean purchases have taken off to round out the year. Compared to previous years, this is 100s and 1,000s times more,” says LeGrand. “This tells us that despite all of the noise, our trading relationship has held together. The demand is there in China.” LeGrand adds there are also other regions beyond China that hold long-term trading certainty, such as Mexico and Canada. Hear more in this Red River Farm Network story.


https://www.rrfn.com/wp-content/uploads/2020/12/201MO-Grain-Exports.mp3

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Categorized Under: Latest NewsMarkets
Tagged Under: Ryan LeGrandChinaexportsU.S. Grains Council
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