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Ag imports are growing while exports are shrinking, but why?

The trade tides are turning and the U.S. is expected to import more agricultural goods than export this year. As it stands, we are looking at a $700 million deficit, which is expected to grow to $17 billion by the end of the year. USDA Economist Bart Kenner explains it has to do with the strong value of the dollar.

Ag Informer – US Exports Forecasted Down – Mix 94 7 KMCH

On Wednesday, the USDA released its Outlook for U.S. Agricultural Trade, a quarterly report from the Department's Foreign Agricultural Service (FAS) a

Competition Slowdown: Economists warn ag exports won t be as competitive this year

Economists are warning U.S. ag products will not be as competitive with other countries this year and it is all because of the strong dollar. They say ag exports for October through March, fiscal year 2023 or $100.2 billion are down 1 percent from 101.6 billion this time last year.

It s unlikely that exports will beat records again this year

It s unlikely that exports will beat records again this year
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U S Corn Exports Down Dramatically - Northwest MO Info

U S Corn Exports Down Dramatically - Northwest MO Info
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