ag imports

The Washington Council on International Trade is another group expressing its displeasure at the Trump Administration calling for tariffs, whether that’s against China or long-time allies like Canada and Mexico.  President Trump and his supporters say tariffs are a good thing, for which consumers don’t pay.  Lori Otto Punk, Pre...

According to the latest numbers from USApple, the total number of apples in storage on February 1st was 130 million bushels, 5% less than last February 2024’s total of 137 million bushels.  This month’s number is also 11% higher than the five-year average.   Fresh ap...

With much of the news pertaining to end of year domestic crop production as supply and demand estimates last month, February's USDA production forecast was relatively quiet.  One commodity of note in the crop production forecast this month was oranges. The all ...

The margin between U.S. Ag exports and imports in the 1st 11 months of 2024, USDA economist Bart Ketter said the January Ag export forecast covering January through November of last year, shows.   “Total agricultural exports for $159.8 billion,...

The USDA is projecting another record Ag trade deficit this fiscal year as imports surge and exports lag.  USDA Chief Economist Seth Meyer says this is the 3rd year of this current trend.   “From ’23 to ’24, we saw more than a 10-billion-dollar year-over-year increase. This year, we’re looking at som...

While the dollar value of U.S. food and Ag exports is falling.  “The import value has increased steadily over time and continues to do so,” said USDA economist Bart Kenner.  He added Ag exports are running about 3% below last year at this time, while the value of foreign agricultural products coming into the U.S. is up by 5%.  He said there ...

Last week, Representative Marie Gluesenkamp Perez, introduced the Helping Optimize Markets and Encourage Generational Resilience through Ownership, Workmanship, and Nurturing (HOMEGROWN) Soil Health Act.  The Southwest Washington democrat says the legislation will support small, generational farm ownership, long-term soil health, and the production of specialty crops here at home, at a time when 4

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

According to ERS, the value of U.S. agricultural imports grew an average of 4% a year between fiscal years 2012 and 2022.  Total U.S. agricultural imports rose from $139 billion to $194 billion, with growth concentrated in select commodity groups.  Horticu...

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...