U.S. - Grain - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingGrain Price in U.S. Loses 4%, Bottoming at $356 per Ton
U.S. Grain Export Price per Ton in September 2022
In September 2022, the grain price per ton stood at $355.6 (FOB, US), reducing by -3.5% against the previous month. Over the period from January 2022 to September 2022, it increased at an average monthly rate of +2.2%. The pace of growth was the most pronounced in April 2022 an increase of 6.4% against the previous month. Over the period under review, the average export prices reached the maximum at $372.1 per ton in June 2022; however, from July 2022 to September 2022, the export prices remained at a lower figure.
Average prices varied somewhat for the major overseas markets. In September 2022, the countries with the highest prices were Thailand ($447.0 per ton) and South Korea ($406.0 per ton), while the average price for exports to Canada ($300.0 per ton) and China ($332.0 per ton) were amongst the lowest.
From January 2022 to September 2022, the most notable rate of growth in terms of prices was recorded for supplies to El Salvador (+4.6%), while the prices for the other major destinations experienced more modest paces of growth.
U.S. Grain Export Prices by Type
Prices varied noticeably by the product type; the product with the highest price was quinoa ($3.4K per ton), while the average price for exports of barley ($231.2 per ton) was amongst the lowest.
From January 2022 to September 2022, the most notable rate of growth in terms of prices was recorded for the following types: canary seed (+14.5%), while the prices for the other products experienced more modest paces of growth.
U.S. Grain Exports
In September 2022, overseas shipments of grain decreased by -5.5% to 5.9M tons, falling for the sixth month in a row after three months of growth. In general, exports recorded a pronounced reduction. The pace of growth was the most pronounced in February 2022 when exports increased by 15% against the previous month.
In value terms, grain exports shrank to $2.1B (IndexBox estimates) in September 2022. Overall, exports saw a pronounced decrease. The pace of growth appeared the most rapid in February 2022 with an increase of 20% m-o-m.
U.S. Grain Exports by Type
Wheat (3.1M tons), maize (2.6M tons) and sorghum (117K tons) were the main products of grain exports from the United States, together accounting for 99% of total exports. Paddy rice, barley, oats, millet, other cereals, quinoa, buckwheat, rye, triticale and canary seed lagged somewhat behind, together comprising a further 1%.
From January 2022 to September 2022, the biggest increases were in triticale (with a CAGR of +11.4%), while shipments for the other products experienced more modest paces of growth.
In value terms, the most traded types of grain in the United States were wheat ($1.2B), maize ($860M) and sorghum ($37M), together comprising 99% of total exports. These products were followed by paddy rice, other cereals, barley, millet, oats, quinoa, buckwheat, rye, triticale and canary seed, which together accounted for a further 1.1%.
Among the main product categories, triticale, with a CAGR of +20.0%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other products experienced more modest paces of growth.
U.S. Grain Exports by Country
Mexico (1.5M tons), China (1.4M tons) and Japan (494K tons) were the main destinations of grain exports from the United States, with a combined 57% share of total exports. These countries were followed by the Philippines, Nigeria, Indonesia, Canada, Chile, Honduras, Italy, Thailand, El Salvador, South Korea, Colombia and Guatemala, which together accounted for a further 30%.
From January 2022 to September 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Chile (with a CAGR of +167.7%), while the other leaders experienced more modest paces of growth.
In value terms, Mexico ($513M), China ($461M) and Japan ($169M) constituted the largest markets for grain exported from the United States worldwide, with a combined 55% share of total exports. These countries were followed by the Philippines, Nigeria, Indonesia, Thailand, Chile, South Korea, Italy, El Salvador, Honduras, Canada, Colombia and Guatemala, which together accounted for a further 32%.
Among the main countries of destination, Chile, with a CAGR of +128.4%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the grain market in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 108 - Cereals, nes
- FCL 103 - Mixed grain
- FCL 92 - Quinoa
- FCL 15 - Wheat
- FCL 71 - Rye
- FCL 44 - Barley
- FCL 75 - Oats
- FCL 56 - Maize
- FCL 27 - Rice, paddy
- FCL 83 - Sorghum
- FCL 89 - Buckwheat
- FCL 101 - Canary seed
- FCL 94 - Fonio
- FCL 97 - Triticale
- FCL 79 - Millet
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
