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Articles tagged under: ag exports

Ag Exports Start Out Fiscal Year Strong

Published March 20, 2022

USDA economist Bart Kenner says agricultural export sales were $68.5 billion during the first quarter of fiscal year 2022. "Wheat exports were at $2.1 billion, up six percent from last year. Corn exports were at $5.2 billion, up 40 percent.…
Latest NewsMarketsAg Business

U.S. Ag Exports to Mexico Sets Records

Published March 9, 2022

U.S. agricultural product exports to Mexico shattered all-time records in 2021. Mexico surpassed Canada as the number two market for U.S. agricultural product exports. A recovery from the 2020 pandemic lockdowns and high global commodity prices helped values, as well…
Latest NewsMarkets

A Record Year for International Trade

Published February 9, 2022

Agriculture Secretary Tom Vilsack says $177 billion in ag exports were sold this past year, breaking the previous record by more than 14 percent. "The record that was set in 2013 when I was Secretary before was surpassed in 2021…
Latest NewsMarkets

Cattle Markets End 2021 On a High Note

Published January 2, 2022

In the last few years, the cattle market has been plagued with issues and events that have caused relatively low and volatile prices. NDSU Extension Livestock Marketing Economist Tim Petry says the cattle market has made an excellent comeback. "The…
Latest NewsMarketsLivestock

U.S. Beef Exports Set Record High in 2021

Published January 2, 2022

U.S. beef export demand set a record high in 2021 with nearly 2 billion pounds exported. The key markets were South Korea, Japan, and China. The cattle byproduct value also surged and was driven by the export market. Strong exports…
Latest NewsMarketsLivestock

Quality Drives Beef Market

Published December 30, 2021

During the past six months, beef consumers have reinforced their preference for products at the top end of the market. Choice and prime wholesale prices have skyrocketed during the second half of 2021. The prime/select spread has averaged nearly $85…
Latest NewsMarketsLivestock

Cargo Pile-up Impacts Ag Exports

Published December 28, 2021

A cargo pile-up at West Coast ports has had a negative impact on California farm exports. Port congestion led to an estimated loss of $2.1 billion in foreign sales during a five-month period. California is the largest ag exporting state…
Latest News

Rural America Disadvantaged by Supply Chain Logjam

Published December 8, 2021

During a Commerce Committee hearing, Minnesota Senator Amy Klobuchar detailed the impact supply chain disruptions are having on agriculture. Klobuchar said Minnesota farmers have seen a 47 percent decline in exports since the pandemic began. At the same time, ocean…
Top StoriesLatest NewsAg BusinessPolicy

Record Ag Exports Anticipated

Published August 27, 2021

USDA is forecasting a record $177.5 billion in U.S. agricultural exports for the 2022 fiscal year. That would be up $4 billion from the latest estimate for 2021. The USDA’s Economic Research Service expects higher export values for soybeans, cotton…
Latest NewsMarketsAg Business

Export Outlook Improves

Published May 27, 2021

For fiscal year 2021, U.S. agricultural exports are projected to reach $164 billion. That’s up $7 billion from the February forecast. USDA credits increased exports for corn, soybeans, livestock, poultry and dairy products. Chinese demand for U.S. soybeans is projected…
Top StoriesLatest NewsMarketsPolicy
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