USDA – Feed Outlook, Feb 2026
Summary
This report provides an outlook on global coarse grains trade with updates on supply adjustments and shipment pace for the 2024/25 and 2025/26 trade years.
Key highlights include unchanged global sorghum trade forecasts, shifts in sorghum imports among Mexico, Japan, and the European Union, raised barley exports for Argentina and Russia, and increased corn exports from Brazil and the United States driven by strong foreign demand.
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