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Council’s 2023 Annual Report Goes Live On Grains.org

The U.S. Grains Council’s (USGC’s) 2023 Annual Report is now live on grains.org.

Staff in each of the Council’s offices have found ways to Grow the Future of the Council this year, connecting with buyers of U.S. corn, sorghum, barley, distiller’s dried grains with solubles (DDGS) and ethanol in their markets to develop markets, enable trade and improve lives.

“As we wait to see what the Regional Agriculture Promotion Program (RAPP) could mean for the Council, we are ready, willing and already getting down to doing the hard work it takes to keep established markets open, open new markets and keep trade happening for the commodities you grow going strong as we head into a bright future beyond today, this year and for years to come,” said President and CEO Ryan LeGrand and USGC Chairman Brent Boydston in a joint letter.

The 2023 report highlights events that affected all Council staff and members: successfully inaugurating the Council’s office in India, the success of Global Ethanol Summit, issuing records of sustainability globally and ramping up the industrial starch and aquaculture programs.

Beyond worldwide successes, visitors can read about commodity-specific wins for corn, sorghum, barley, DDGS and ethanol and get details of and developments regarding projects and programs in each country and region around the world in which the Council operates.

Viewers can visit the report’s web page to view the entirely electronic report, which is housed in an interactive platform. Members should have also received the link to this year’s report in their email along with the financials.

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Is China Buying US Soybeans + USDA Nov 14th Crop Report could be “Game Changing”

Video: Is China Buying US Soybeans + USDA Nov 14th Crop Report could be “Game Changing”


After a week of a U.S./China trade truce, markets/trade is skeptical that we have not seen a signed agreement nor heard much from China or seen any details. There are rumors that China is buying soybean futures & not the physical. Trust in Trump?
12 MMT of U.S. soybean purchases by China by year-end is better than 0 but we all need to give it more time and give it a chance to unfold. China did lower the tariffs on Ag and is buying U.S. wheat and sorghum.
U.S. supreme court could rule against Trumps tariffs, but the Trump administration does have a plan B.
U.S. government shutdown is now the longest in history at 38 days.
But despite a U.S. government shutdown we will be getting a USDA November crop report next Friday and it could be “game changing.” If the USDA provides a bullish surprise with lower U.S. corn and soybean yields and ending stocks that are lower than expected both corn and soybean futures will break out above their ceilings at $4.35/bu and $11.35/bu respectively.
The funds continued their selling in live and feeder cattle futures on continued fears that the Trump administration want to lower U.S. beef prices. The fundamentals have not changed, only market psychology has.
Stocks markets continue to worry about a weak U.S. job market, but you can blame ChatGPT for that. In the future, we will have a more efficient, productive and growing economy with a higher unemployment rate until we have more skilled AI workers.
After 34 new record highs in the S & P 500 and 124 new records in the NASDAQ in 2025 we are back to a correction and investor profit taking as AI valuations may have gotten too stretched near-term ahead of NVDA’s 3rd quarter earnings announcement on Nov. 19th. But this is not an AI bubble.
75% of Tesla shareholders approved a $1 trillion pay package for Elon Musk!
It has rained in South America in the last 7 days, but both the American and European models agree that Central Brazil remains dry in the next 14-days!