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USGC releases 2023-24 Corn Export Cargo Quality report

Report shows U.S. corn exports surpassing No. 2 standards, offering buyers valuable insights despite growing challenges.

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The U.S. Grains Council (USGC) has recently published the 2023/2024 Corn Export Cargo Quality Report, bringing to light the exceptional quality of U.S. corn destined for export. The report, comprising data from 433 yellow commodity corn samples, was found to meet or exceed U.S. No. 2 standards across all grade factors. This represents a significant improvement over the five-year average (5YA) of previous crops on several fronts.

Brent Boydston, USGC Chairman, emphasized the Council's commitment to advancing global food security and mutual economic benefit through trade. The report aims to provide reliable and timely information to assist buyers in making informed decisions about the quality of U.S. corn earmarked for export.

The 2023 U.S. growing season faced challenges, including low rainfall during the pollination period and extended periods of heat and drought. Despite these adversities, a rapid maturation period ensured a timely harvest and contributed to the high overall quality of the 2023 corn crop.

Key findings from the report include an average test weight of 58.1 pounds per bushel, surpassing the previous year and the 5YA. Chemical analysis revealed an 8.9 percent protein concentration, higher than the 5YA, and all samples tested below the U.S. Food and Drug Administration action level for aflatoxins and deoxynivalenol.

The 2023/2024 Corn Export Cargo Quality Report complements the previously published 2023/2024 Corn Harvest Quality Report, providing valuable insights into the quality of the most recent U.S. corn crop as it enters the international merchandising channels. Both reports offer transparent and consistent methodology, providing an early view of grading factors established by the U.S. Department of Agriculture, moisture content, and other essential characteristics.

To disseminate the new results, the USGC will conduct a series of crop quality seminars in various countries, including El Salvador, Honduras, Guatemala, and South Korea. These outreach activities serve to establish clear expectations with buyers and end-users regarding the quality of corn in this marketing year.

The 2023/2024 Corn Export Cargo Quality Report and the 2023/2024 Corn Harvest Quality Report are available for download on the Council's website, offering a comprehensive understanding of the quality of U.S. corn from the farm to the customer.

For further information and updates, interested parties are encouraged to visit the U.S. Grains Council's official website.

This news story has been crafted based on the latest information from the U.S. Grains Council's 2023/2024 Corn Export Cargo Quality Report and aims to provide a clear and factual overview of the report's key findings and implications.

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