According to today's USDA Grain Transportation Report, on February 7, the Port of South Louisiana (PortSL) reported an increase in tonnage of nearly 10 million short tons of cargo.
PortSL is the Nation’s leading grain exporter and the second-largest port in the Western Hampshire.
In 2022, soybean exports accounted for almost 22.2 million tons of PortSL’s cargo, up 24% from the previous year. Wheat accounted for over 3.6 tons of the port’s cargo, up 23% from the previous year.
Corn exports were the only grain to see a decrease in exports in 2022, falling 18%, to just over 21.8 million tons.
The port owes some growth in 2022 to world events—including the Russia-Ukraine war, which significantly increased demand for U.S. grain exports.