ag exports

The Senate Agriculture Committee released a newsletter entitled “Farm Bill 101: Growing New Markets for Farmers.” This one-pager is designed to be easily digestible and explain trade markets in layman’s terms.

Last week, a delegation of nearly 30 U.S. Ag businesses, farm groups, and others were in Panama to explore export opportunities to the region.  USDA Under Secretary for trade Alexis Taylor led the mission, which wasn’t directed exclusively at Panama, but six other countries from the region as well.  As the trip w...

USDA Undersecretary for Trade and Foreign Agricultural Affairs and former Oregon Department of Agriculture head Alexis Taylor will lead a delegation of 26 agribusinesses and farm organizations to Panama City, Panama, March 19-23.  The mission highlights opportunities in Panama and throughout the Central America and Dominican Republic Free Trade Agreement region.  Exports...

American agricultural exports in fiscal year 2023 are projected at $184.5 billion, down $5.5 billion from the November forecast.  The export forecasts for all major commodity groups are down, with the largest drops projected for corn, sorghum, and soybeans.  Corn ex...

The USDA is out with the final Ag trade numbers from December, closing the books on 2022.  USDA’s Bart Kenner said December was a record December for exports $17 billion worth of sales.  He said that puts calendar year 2022 export sales at a record high $196 billion beating 2021's record by $20 billion, but he noted, “most of the gains in exports came from unit value increases from higher prices a

On Wednesday, a host of lawmakers, including Washington Representatives Kim Schrier and Dan Newhouse, Kansas Representative Tracey Mann, Minnesota Rep. Brad Finstad, Iowa Representative Ashley Hinson, California's Jimmy Panetta and Jim Costa, as well as Maine's Chellie Pingree, introduced the Agriculture Export Promotion Act of 2023.  Th...

Many in the wheat industry are happy to see 2022 behind them and look forward to hopefully better days in the New Year.  The past year was a challenge for wheat producers across the PNW and beyond.  Between international unrest, high input costs and continuing drought conditions from 2021, there were many issues that made the past year a challenging one.   Britany Hu...

The total value of U.S. exports has grown at an average annual rate of 6% since 2002, reaching a record high of $1.4 trillion in fiscal year 2021. Agriculture’s share of total U.S. exports has steadily increased between fiscal years 2002 and 2021. The ...

The USDA released its new Ag trade forecast Tuesday and the main takeaway, is the revised export number.  USDA chief economist Seth Meyer said analysts were already anticipating an Ag export value decline since 2022 set a new record high for U.S. export...

The Upper House of Japan’s government, the Diet, recently approved the Protocol Amending the U.S.-Japan Trade Agreement regarding the beef safeguard mechanism.  The U.S. Trade Representative’s Office said that completes the Diet’s process of finalizing the agreement.  The new three-trigger saf...