# Grain exports set to hit record high: USDA - Splash247

> The USDA's May WASDE projects 2017/18 global grain exports rising 10 million tonnes to a record 615 million tonnes. Wheat, coarse grain, oilseed and protein meal exports are also forecast at or near record levels, with the largest growth from South America's east coast.

- Date: 2017-05-22 · published 2017-05-22T12:00:00.000Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/71200-grain-exports-set-to-hit-record-high-usda-splash247
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Record projected trade volumes imply strong shipping demand for grain, supportive for ocean freight, while ample export availability from South America tempers upside in grain and meal prices.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2021-03-22 | [Why these USDA reports could lead to big grain price swings](https://feedsoft.ai/events/48143-why-these-usda-reports-could-lead-to-big-grain-price-swings.md) | -1.1% | +2.4% |
| SOY | 2017-11-09 | [USDA Reports Flash](https://feedsoft.ai/events/67929-usda-reports-flash.md) | -1.2% | +0.4% |
| SOY | 2017-02-09 | [USDA Reports Flash](https://feedsoft.ai/events/72446-usda-reports-flash.md) | +0.2% | -5.5% |
| SOY | 2017-11-09 | [USDA boosts corn harvest view above expectations on record yields - Grainews](https://feedsoft.ai/events/67930-usda-boosts-corn-harvest-view-above-expectations-on-record-yields-grainews.md) | -1.2% | +0.4% |
| SOY | 2025-07-12 | [USDA Slightly Lowers Corn Production, Boosts Old-Crop Corn Exports to Record Level in July WASDE \| Michigan Ag Today](https://feedsoft.ai/events/23708-usda-slightly-lowers-corn-production-boosts-old-crop-corn-exports-to-record.md) | +2.4% | -3.7% |
| CORN | 2021-11-09 | [USDA Expects Record-High Corn Yield](https://feedsoft.ai/events/43999-usda-expects-record-high-corn-yield.md) | +1.2% | +5.2% |
| CORN | 2019-03-08 | [RFA Report: Distillers Grains Exports Reach Second-Highest on Record in 2018](https://feedsoft.ai/events/60067-rfa-report-distillers-grains-exports-reach-second-highest-on-record-in-2018.md) | +0.8% | +0.8% |
| CORN | 2021-11-10 | [USDA November WASDE Reports Recap \| Feed & Grain](https://feedsoft.ai/events/44003-usda-november-wasde-reports-recap-feed-and-grain.md) | +0.3% | +4.6% |

## Sources

- splash247.com: https://splash247.com/grain-exports-set-hit-record-high-usda/

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