# US grain exports expected to further rise ‣ WorldCargo News

> BIMCO expects US grain exports to rise 12% in 2024 from 2023, led by a rebound in maize shipments. Shipments rose 6% year on year in the first seven months, and further gains are expected after the September maize and soybean harvests. Mississippi River water levels are normal, easing barge movement to ports.

- Date: 2024-08-20 · published 2024-08-20T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/17007-us-grain-exports-expected-to-further-rise-worldcargo-news
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md), [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md)

## Why it matters

Higher US export volumes support US corn and soybean demand and freight, though the US share of global exports has fallen to 18% amid Brazilian and Argentine competition.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲
- BARGE: neutral
- OCEANFRT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2024-03-25 | [Ukraine grain exports rise on week, lag on year \| Latest Market News](https://feedsoft.ai/events/14318-ukraine-grain-exports-rise-on-week-lag-on-year-latest-market-news.md) | -4.9% | -6.9% |
| CORN | 2021-02-04 | [Grain Exports to China Continue Rising \| Feed & Grain](https://feedsoft.ai/events/48471-grain-exports-to-china-continue-rising-feed-and-grain.md) | -3.1% | -3.9% |
| CORN | 2019-06-07 | [U.S. Ethanol Exports Rose Further in April, as Distillers Grains Exports Moderated](https://feedsoft.ai/events/58595-u-s-ethanol-exports-rose-further-in-april-as-distillers-grains-exports-moderated.md) | +3.6% | +3.5% |
| CORN | 2025-12-23 | [Report: Mexico’s demand for US grain to grow \| World Grain](https://feedsoft.ai/events/21477-report-mexico-s-demand-for-us-grain-to-grow-world-grain.md) | -0.9% | -3.8% |
| CORN | 2024-08-23 | [US DDGS exports reach highest level since 2018 \| World Grain](https://feedsoft.ai/events/28756-us-ddgs-exports-reach-highest-level-since-2018-world-grain.md) | +0.2% | +6.1% |
| SOY | 2021-02-04 | [Grain Exports to China Continue Rising \| Feed & Grain](https://feedsoft.ai/events/48471-grain-exports-to-china-continue-rising-feed-and-grain.md) | -1.3% | +3.2% |
| SOY | 2025-12-23 | [Report: Mexico’s demand for US grain to grow \| World Grain](https://feedsoft.ai/events/21477-report-mexico-s-demand-for-us-grain-to-grow-world-grain.md) | -0.7% | +1.0% |
| SOY | 2026-02-21 | [BIMCO forecasts 5-6% growth in grain shipments for 2026 ‣ WorldCargo News](https://feedsoft.ai/events/16880-bimco-forecasts-5-6-growth-in-grain-shipments-for-2026-worldcargo-news.md) | +1.7% | +2.1% |

## Sources

- worldcargonews.com: https://www.worldcargonews.com/news/2024/08/us-grain-exports-expected-to-further-rise/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.