# Exporting U.S. Ag Is Big Business

> Successful Farming notes that US soybean ending stocks could reach 30% to 40% of use in 2019/20 without a China trade deal, and that the US holds large corn stocks. It also says Canada and Mexico together buy about one-third of US farm exports, with Canada at over $20 billion and Mexico at $19 billion.

- Date: 2019-07-15 · published 2019-07-15T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/58067-exporting-u-s-ag-is-big-business
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Large projected carryouts without a China deal are bearish for soybeans and corn, while strong dependence on Mexico and Canada highlights the importance of USMCA trade flows.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2020-11-20 | [China Targets U.S. Farm Imports With Tariffs on Soy, Corn - Pork Business](https://feedsoft.ai/events/50015-china-targets-u-s-farm-imports-with-tariffs-on-soy-corn-pork-business.md) | +1.2% | +3.6% |
| SOY | 2018-08-30 | [Chinese soy buyers leave U.S. exporters show empty handed](https://feedsoft.ai/events/63414-chinese-soy-buyers-leave-u-s-exporters-show-empty-handed.md) | +0.4% | +3.9% |
| SOY | 2026-06-20 | [Brazil’s soymeal export push challenges Argentina’s dominance - Markets - Business Recorder](https://feedsoft.ai/events/18881-brazil-s-soymeal-export-push-challenges-argentina-s-dominance-markets-business.md) | +0.3% | +9.2% |
| SOY | 2021-06-16 | [Hogs on Biggest Losing Streak in a Year Amid Export Worries](https://feedsoft.ai/events/6258-hogs-on-biggest-losing-streak-in-a-year-amid-export-worries.md) | -4.9% | +0.1% |
| SOY | 2018-04-10 | [In Trade War, U.S. Soy May Be Safe - Rabobank - AgriBusiness Global](https://feedsoft.ai/events/65548-in-trade-war-u-s-soy-may-be-safe-rabobank-agribusiness-global.md) | -0.5% | -4.3% |
| CORN | 2017-03-14 | [Ukraine: seaports grain exports down in early March 2017 – Business World](https://feedsoft.ai/events/71839-ukraine-seaports-grain-exports-down-in-early-march-2017-business-world.md) | +1.2% | +1.9% |
| CORN | 2024-05-01 | [How much grain is Ukraine exporting and how is it leaving the country?](https://feedsoft.ai/events/14306-how-much-grain-is-ukraine-exporting-and-how-is-it-leaving-the-country.md) | +2.6% | +7.2% |
| CORN | 2023-01-18 | [U.S. comes closer to losing corn export crown to Brazil](https://feedsoft.ai/events/14871-u-s-comes-closer-to-losing-corn-export-crown-to-brazil.md) | -1.7% | -1.0% |

## Sources

- agriculture.com: https://www.agriculture.com/news/business/exporting-us-ag-is-big-business

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