ag exports

The benefits of American Ag exports to the U.S. economy far exceed the value of shipments alone. The production, processing, storage, transportation, and marketing of farm and food products headed for the export market support a large number of jobs throughout the U ...

Projected US Ag trade continues to reach record numbers. USDA Chief Economist Seth Meyer said the 2nd quarter trade forecast indicates: "The current year we're in now: exports estimated at a record $191 billion." Up by $7.5 billion from February's estimate, fueled by across-the-board rises in exported commodities ...

A recent economic study indicates public-private U.S. agricultural export market development programs remain highly effective and generate a substantial return on investment. The study, welcomed by the Coalition to Promote U.S. Agricultura Exports, was conducted by IHS Markit and Texas A&M University. ...

Ag trade numbers through the first six months of this fiscal year, October through March, show US Ag exports on the way to a probable record high for value.  ", the volume side of things looks like a very different story," noted USDA Economist Bart Kenner. US ...

One down…four to go in 2022, following the first in person Agricultural Trade Mission in two years, earlier this year, in Dubai. “We’ll sponsor four additional Trade Mission in 2022," Ag Secretary Tom Vilsack said last week during the Commodity Classic in New Orleans. “We’ll travel ...

After productive talks with the U.S. in 2021, the Vietnamese government eliminated a 3% U.S. wheat import tariff on December 30th. Earlier this month, the first shipment of U.S. wheat purchased without a tariff arrived at a Vietnam port. The shipment contained more than 68,300 metric tons of soft white and hard red spring wheat grown in the Pacific Northwest and Northern Plains ...

According to the USDA, export sales of wheat and soybeans rose while corn sales declined during the week ending on February 3. Wheat sales that week totaled 84,800 metric tons, up 48% compared to the previous week. That number was still down 75% from the prior four-week average ...

Thanks to the pandemic, record heat and drought the last two years have been challenging for many growers across the Pacific Northwest. Add on top of that the bottlenecks we’ve seen at the west coast ports, making it more challenging to ship products. But ...

Idaho’s value of Ag exports could be on pace to set another record this year. According to the U.S. Census Bureau, $778 million worth of agricultural products were exported out of Idaho through the end of September. According to the Idaho Farm Bureau Federation, that was an 11% increase during the same time period in 2020. And ...

The Phase One Trade Deal between the U.S. and China comes to an end in early 2022. Veronica Nigh, senior economist for the American Farm Bureau Federation, says this year’s numbers are better that what the U.S. Ag industry saw during the same time period in 2020. Not ...