Agricultural Exports May Hit New Record in 2022
WASHINGTON, DC – Global demand for U.S. commodities hit a record in 2021 and according to USDA, agricultural exports this year will eclipse last year for a record $183.5 billion. … Read More
Tag: agricultural exports
Increasing Export Taxes, Decreasing Wheat Production Hitting Russia
According to the Russian Ministry of Agriculture, wheat exports are down 12 percent from last year due to rising taxes.
U.S. Agricultural Exports Expected to Reach Record Highs
If nothing derails the train, U.S. agricultural exports are on track to reach an all-time high this fiscal year .
Corn, Soybean, and Cotton Cancellations Outpace Export Sales
Export sales of wheat were higher for the week ending July 22, but not just lower for corn, soybeans, and cotton, they were actually the equivalent of returns as the cancellation of previous sales outpaced the current week’s sales.
Chinese Demand Projecting Billions for 2021 Ag Exports
According to AgAmerica Lending, the expectation for the Fiscal Year 2021 exports now sits at a record $164 billion, due in large part to increased purchases from China.
U.S. Agricultural Exports Rebound, California Tops the List
After roughly two years of breaking even in agricultural trade, U.S. agricultural exports are outpacing imports and are on pace to finish just behind the surplus recorded in 2017.
Agricultural Exports Responsible for $300 Billion to Economy
How important are exports for U.S. agriculture? According to the Economic Research Service, ag exports add $302 billion in economic output every year.
U.S. Corn Exports Experience Sharp Gains in 2020
With a total 20 percent year-over-year gain ($1.6 billion), China imported $1.2 billion alone to become the third-largest customer for U.S. farmers.
U.S. Agricultural Exports Enjoy Second-Highest Level in History
Total U.S. agricultural exports in 2020 were nearly $146 billion, up almost 7 percent from 2019, and the second highest level on record after Calendar Year 2014.
Good Week for Exports Sales Reported by USDA
USDA released their latest Weekly Export Sales Report on Friday, a day later than normal due to the Martin Luther King, Jr. Holiday on Monday.
Record Imports Due to Fresh Fruit and Vegetable Demand
There is always a focus on agricultural exports from the United States, but rarely much consideration for commodity imports.