ag imports

USDA: 2022 A Big Year For Ag Exports
USDA: 2022 A Big Year For Ag Exports
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
NMPF on Short-Term Infant Formula Imports
NMPF on Short-Term Infant Formula Imports
The National Milk Producers Federation says the temporary, short-term lifting of restrictions on infant formula imports to address the rare infant formula shortage is a positive move to fill the supply gap.   “We did not oppose the just-passed Bulk Infant Formula to Retail Shelves Act given its targeted volume and limited time frame,” said NMPF President and CEO Jim Mulhern. “Those guardrai... Rea
Ag Imports Forecasted Up in May
Ag Imports Forecasted Up in May
The latest USDA Ag trade forecast points towards record exports for fiscal year 2022. Yet while there was a significant increase in exports from the previous quarterly forecast, also rising from the previous report: Ag imports. "Upward revision of imports and increase in year over year is the same countries we're talking about increasing exports, with an overall increase of both import and e

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