The U.S. Grains Council (USGC), Growth Energy, and the Renewable Fuels Association (RFA) have announced impressive results from their jointly hosted Export Exchange 2024. The major trade conference, held in Fort Worth, Texas from October 7 to 9, facilitated substantial grain sales and fostered international trade relationships.
Key highlights from the post-event survey include:
Total Sales: 968,030 metric tons (MT) of U.S. corn, sorghum, and their co-products were sold, valued at $242 million.
Product Breakdown:
- Distiller's dried grains with solubles (DDGS): 472,230 MT
- Corn: 363,900 MT
- Sorghum: 10,500 MT
- Soybean meal: 74,500 MT
- Soybeans: 25,000 MT
International Participation: Nearly 500 international buyers and end-users from more than 50 countries attended the conference.
Additional Activities: Attendees participated in tours of U.S. farms, ethanol plants, and export infrastructure as part of pre- and post-trade team activities.
Ryan LeGrand, USGC president and CEO, emphasized the event's significance: "The sales survey shows why Export Exchange is circled on the calendars of so many agricultural stakeholders as a premier event for networking and the latest updates affecting crop production, international policies and shipping logistics."
The conference provided a unique platform for domestic suppliers to meet and build relationships with international buyers of coarse grains and co-products. This networking opportunity proved invaluable, as evidenced by the substantial sales figures reported.
LeGrand added, "International trade is crucial for producers, buyers and sellers alike, and we're proud that Export Exchange 2024 brought the industry together to such resounding success."
