In most recent years, Mexico has been the top export destination for U.S. corn, with Japan serving as a close second. Which market is the top destination tends to be a function of timing, exportable supplies from competing producing nations and exchanges rates. Whether Mexico ranks number one or number two in a given year, it is a market of critical importance for U.S. corn. Since NAFTA came into effect in 1994, the U.S. has exported more than 163 million metric tons of U.S. corn, valued at nearly $30 billion, to Mexico. Exports have grown more than 7,100 percent by value and more than 4,700 percent by volume since 1993.
The IDEAg Group, LLC., producer of the IDEAg Minnesota Farmfest, announces the return of the Farm Bureau Financial Services Media Center at this year’s show, scheduled for Aug. 1-3, at the Gilfillan Estate in Redwood Falls, Minnesota.