In 2020, the U.S. had record agricultural export sales totaling more than $161 billion. That’s according to the U.S. Census Bureau. This tops a record set in 2018 of more than $159 billion. Globally, soybeans accounted for $25.7 billion in ag exports, corn exports accounted for $9.2 billion and wheat exports at $6.3 billion. For the phase one agreement with China, ag exports are at $28.7 billion, short of China’s commitment to buy $36.5 billion in ag products in the first year of the agreement.
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