The United States is more than able to continue supplying global customers with the necessary grains, according to U.S Grains Council officials. The council focuses on export market development for barley, corn, sorghum and co-products. Citing today’s release of USDA’s World Agricultural Supply and Demand Estimates, the council officials say that domestic corn, barley and sorghum production forecasts are all up, indicating bountiful harvests. Sorghum exports are also raised due to a supply increase. According to Ken Hobbie, USGC president and chief executive officer, such news should serve as reassurance to global customers who rely on the
“With the production of all three commodities of corn, sorghum and barley, as well as their co-products increasing from the previous forecast, our international customers can be assured that
USDA's report released today shows corn production forecast at 12.2 billion bushels, raised 128 million bushels from the previous estimate.
“We have been fortunate enough to have strong harvests for barely and sorghum commodities this fall. As farmers work diligently to harvest the corn crop, we are confident the supply will be abundant enough to meet all global demands from ethanol to exports,” says Hobbie. "
Source: U.S. Grains Council