Ag's new normal includes trade deficits, not surpluses
U.S. ag exports hit a record-high $196 billion last year. U.S. ag imports also hit a record-high $199 billion, or $3 billion more than ag exports.
Source: farmanddairy.com
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Guebert: Ag's new normal includes trade deficits, not surpluses - Mitchell Republic | News, weather, sports from Mitchell South Dakota
China’s imports of U.S. soybeans were up 8 percent by volume last year but its corn import volumes dropped 16 percent and wheat fell 13 percent.
Source: mitchellrepublic.com
Farm and Food: Ag's new normal includes trade deficits, not surpluses
Farm and food outflow and even more farm and food inflow is a hallmark of ever-changing global markets.
Source: southbendtribune.com