![When It Comes To Exports, Value And Volume Are Very Different](http://townsquare.media/site/1144/files/2022/02/Trade-16.jpg?w=980&q=75)
When It Comes To Exports, Value And Volume Are Very Different
There are a lot of things you can say about high commodity prices. They make export values look really good, but sometimes those high prices can reduce the actual amount of product that overseas buyers are willing, or able to buy from American producers. That may, or may not be the case currently, but USDA economist Bart Kenner says for major bulk commodity exports the value is running 16% higher year over year. But the volume of commodities exported, is actually down 8%.
When looking at early August numbers, wheat export value is up 9%, corn is up 13%, which all sounds good. But Kenner noted when you look at volume numbers, things are not so rosy.
"Wheat exports were down 25% by volume, corn exports were down 8% and soybeans were down 3% by volume. And cotton exports were down 7% from this time last year."
Kenner said the one exception to that trend, sorghum which saw volumes increase 8% from 2021.
If you have a story idea for the PNW Ag Network, call (509) 547-1618, or e-mail glenn.vaagen@townsquaremedia.com
More From PNW Ag Network
![Oregon’s Farm Real Estate Values Surge Past National Average](http://townsquare.media/site/1144/files/2024/06/attachment-Oregon-Ag-Land-Value.jpg?w=980&q=75)
![Ag Secretary Emphasizes Importance of Biosecurity against H5N1 Threat](http://townsquare.media/site/1144/files/2024/06/attachment-Biosecurity-H5N1.jpg?w=980&q=75)
![Ranching With Grizzly Bears: Lessons from Montana](http://townsquare.media/site/1144/files/2024/06/attachment-Rancher-Vs-Grizzly.jpg?w=980&q=75)
![USDA Announces $824M to Protect Livestock Health; Launches Voluntary H5N1 Dairy Herd Status Pilot Program](http://townsquare.media/site/1144/files/2024/05/attachment-USDA-Bird-Flu-Dairy-Pilot.jpg?w=980&q=75)
![USDA Expands Support for Producers to Stop the Spread of H5N1 in Dairy Cattle](http://townsquare.media/site/1144/files/2024/05/attachment-USDA-H5N1-Expansion.jpg?w=980&q=75)
![Washington State Sees Severe Stripe Rust Outbreak](http://townsquare.media/site/1144/files/2024/05/attachment-WA-Stripe-Rust.jpg?w=980&q=75)
![USDA Adds New Rules To Stop Abusive Horse Soring Practices](http://townsquare.media/site/1144/files/2024/04/attachment-TWH.jpg?w=980&q=75)
![Wheat, Barley, Corn, Hay: PNW Prospective Plantings Report Released](http://townsquare.media/site/1144/files/2024/03/attachment-PNW-Prospective-Plantings.jpg?w=980&q=75)
![“Product of USA” label gets final, clear guidelines from USDA](http://townsquare.media/site/1144/files/2024/03/attachment-PRODUCT-OF-USA.jpg?w=980&q=75)