trade surplus

USDA released an updated trade forecast last week, and the projection is agricultural exports this fiscal year for most products down from their last forecast three months ago, but they are still higher than last year. "U.S. exports of agricultural products are estimated for fiscal 2020 at $136 ...

Back in 2014 the U.S. farm industry enjoyed an Ag trade surplus of $43 billion.  But, by 2018 that surplus had dropped to $16 billion, and then during fiscal year 2019 the surplus dipped again, down to $4.6 billion according to USDA Chief Economist Rob Johansson.  ...

The USDA projects the fiscal year 2019 U.S. agricultural trade balance to fall to $5.2 billion.  USDA’s Economic Research Service projects exports at $134.5 billion, and imports at $129.3 billion, leaving a $5.2 billion surplus, the lowest since fiscal year 2006.  Unlike o...

The latest Ag trade figures from October to April are out.  USDA Trade Economist, Cameron Daugherty, says the theme during that time period is exports are down, imports are up.  Exports of American Ag products so far total $81.2 billion, which is down 6.5% from t...

USDA has cut its export forecasts for several crops, but how much of those cuts come from trade disruptions vs. other factors?  The Gary Crawford spoke with USDA’ chief economist Rob Johansson.       If you have a story idea for the Washington Ag Network, call (509) 547-1618, or e-mail gvaagen@cherrycreekradio.com...

U.S. farmers are watching their trade surplus with other countries get smaller and smaller and the new USDA trade forecast for this fiscal year shows that surplus shrinking at a faster pace, than had been projected back in February.  U.S. A...

Agriculture is consistently one of the few areas of the American economy that sells more overseas than it buys.  However, Farm Journal’s AgWeb.com said that’s going to drop in the upcoming year.  The surplus is set to shrink as shipments to China collapse because of the trade war with the U.S.  A government forecast says ...

The Chinese trade surplus with the U.S. hit a record number in June as its exports grew at a solid pace, something that could possibly make a trade dispute with Washington, D.C., that much worse.  According to a Nasdaq.com article, June numbers could be high as many Chinese exporters were rushing to get shipments out before tariffs went into effect during the first week in July.  Analyst... Read M

Agriculture exports totaled $140.5 billion in fiscal year 2017, climbing nearly $10.9 billion from the previous year to the third-highest level on record.  The Department of Ag announced the findings Thursday.  The American agricultural sector once again posted an annual trade surplus.   The trade ...