Twenty Years Ago, the US was the World’s Largest Exporter of Corn, Wheat, and Soybeans… How Have We Lost So Much Marketshare?
The USDA recently released an interesting analysis, “The Rise and Fall of Bulk Commodities (As a Share of Total U.S. Agricultural Exports).” The report finds that major bulk commodities, as a share of total U.S. agricultural exports, have risen and fallen dramatically since 2020. Beyond short-term price volatilities that have largely driven these developments, changes …