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In 2024, Mexico imported more than 35 million metric tons of grains from the United States. The North American freight rail network is an increasingly important mode of transport for handling the growth in this trade.
Major bulk commodities, as a share of total U.S. agricultural exports, have risen and fallen dramatically since 2020. Beyond short-term price volatilities that have largely driven these developments, changes to the largest overseas market and an increasingly competitive landscape also affect the prospect for major U.S. bulk exports.
The 2024 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world during the 2024 calendar year.
On May 20, 2025, the Argentine Government extended lower export tax on wheat and barley of 9.5 percent through March 2026. All the other commodities will return to their higher previous levels on July 1, 2025.
On March 17, 2025, Mexico adopted a constitutional amendment banning domestic cultivation of “genetically modified” corn
The wheat-growing regions of the Prairie Provinces experienced improved soil moisture conditions going into the winter months and during the first three months of winter.
Argentina will cut export taxes on major agricultural commodities, effective January 27, 2025, on key crops including soybeans, corn, and wheat.
Wheat production in marketing year (MY) 2024/25 is estimated at 18.1 tons, higher on a larger area. Exports remain unchanged, with Brazil expected to be quite active.
In marketing year (MY) 2024/2025, Colombia’s corn production is projected to remain at 1.5 million metric tons (MMT), 6 percent lower year-on-year
Argentine wheat production in marketing year (MY) 2024/2025 is forecast up at 18.6 million tons, 600,000 tons higher than USDA’s official estimates as a result of higher planted area. Exports in the same period are projected up at 12.4 million tons...
FAS/Ottawa is forecasting total wheat production to reach 35.5 million metric tons (MMT) in marketing year (MY) 2024/25, an 11 percent increase over the previous year, because of significant improvements in crop conditions in the major wheat-growing...
On June 4, a Costa Rican court restored the Chaves administration's policy of dramatically lower tariffs on imported milled and rough rice, overturning an earlier court ruling that reversed the lower tariffs in April 2024.