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The U.S. is losing the corn-exporting crown

Corn remains on the ground during a harvest in Leland, Mississippi, U.S., on Tuesday, Aug. 16, 2022. Corn was stable before a U.S. crop tour that will give more insight into the state of fields in the world's top producer. Bloomberg photo by Rory Doyle
Bloomberg
Michael Hirtzer & Dominic Carey

For more than half a century, U.S. farmers dominated the international market for corn, shipping more of the critical crop than any other country to feed the world’s livestock, fill its stockpiles and manufacture its processed foods.

No more. In the agricultural year ended Aug. 31, the U.S. handed the corn-exporting crown to Brazil. And it might never…

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Bloomberg