US grain exports seen rising 12%, but sailing distances could shorten
In 2024, grain exports from the US are expected to rise 12% from 2023, driven by a rebound in maize shipments. During the first seven months of 2024, shipments have risen 6% y/y and are expected to further ramp up after the upcoming maize and soya bean harvests in September. Water levels in the Mississippi River are at normal levels which should facilitate the transport of the harvests to seaports.
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Posted:
15 August 2024
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