Browse Data and Analysis

In 2024, Southern Africa faced a severe drought, leading to a significant decline in corn and soybean production, which caused rising food inflation and economic challenges.

Brazil and the People’s Republic of China (PRC) are in the initial stages of potentially developing a dedicated soybean supply chain tailored to meet Chinese sustainability and quality standards.

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.