Bart Kenner

Low Prices Hurting Ag Trade
Low Prices Hurting Ag Trade
Low Prices Hurting Ag Trade
We now have the complete U.S. Ag trade numbers for the first nine months of this fiscal year October through June and the central theme running through it all.   “The continued cooling of U.S export values, which is really tied to the bulk commodities," said USDA economist Bart Kenner.   His la...
Kenner: Numbers Don't Show Whole Story Of Trade Deficit
Kenner: Numbers Don't Show Whole Story Of Trade Deficit
Kenner: Numbers Don't Show Whole Story Of Trade Deficit
U.S. agriculture is currently running a trade deficit of almost $19 billion and growing.  And while some say this reflects a weak noncompetitive American farm sector, one expert says that doesn’t tell the whole story.   “To look at the trade balance and say it's negative, so we're being outcompeted. It's, it's really oversim...
USDA: 2022 A Big Year For Ag Exports
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
China Continues To Purchase American Products
China Continues To Purchase American Products
China Continues To Purchase American Products
It was January 15th, 2020 when the U.S. and China signed the Phase One Trade agreement, which the Trump Administration said tore down major market barriers for American food and Ag exports.  The long-term hope was China would committee to buying even larger amounts of U.S. produc...
U.S. Ag Exports Off To A Good Start, But Expected To Cool
U.S. Ag Exports Off To A Good Start, But Expected To Cool
U.S. Ag Exports Off To A Good Start, But Expected To Cool
The fiscal year for agricultural exports starts October 1st of every year, and when you look back in October of 2021, which kicked off the 2022 fiscal year, things started with record high October exports $17.7 billion.   But what about this past October which launched FY23?  ...
U.S. Ag Exports Expected To Pass Forecast
U.S. Ag Exports Expected To Pass Forecast
U.S. Ag Exports Expected To Pass Forecast
The USDA's current Ag export forecast for the current fiscal year, which comes to an end September 30th, calls for a record $191 billion of ag sales overseas. "Would be, if realized, an 11% over 202." So, are American producers going to hit that $191 billion mark...
USDA: Best April Ever for U.S. Ag Exports
USDA: Best April Ever for U.S. Ag Exports
USDA: Best April Ever for U.S. Ag Exports
The latest Ag trade numbers come from April, a month in which the United States exported $17.6 billion worth of Ag products; imported almost the same amounts of foreign products. "It was the largest value of agricultural exports and agricultural imports for any other April on record," USDA Economist Bart Kenner said, adding for the first seven months of this fiscal year, October through
Export Values Up, Volume Down
Export Values Up, Volume Down
Export Values Up, Volume Down
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 ...

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