Data from the Department of Agriculture shows exports of farm goods will push higher in 2017. A forecast compiled by USDA predicts the value of agricultural exports in the fiscal year 2017 will hit nearly $140 billion, up $10 billion from the fiscal year 2016. With stronger exports and modest import increases in 2017, the U.S. will have an agricultural …
Higher Ag Exports in 2017 and a Trade Surplus Next Year
A U.S. Department of Agriculture report says the value of farm exports will push higher in 2017, coming on the heels of two straight years of lower numbers for farm goods. The forecast from USDA says the fiscal year 2017 will see exports valued at just shy of $140 billion, up $10 billion from last year. That would break the …
Vietnam Reopens Market to U.S. DDGS Exports
The U.S. Department of Agriculture (USDA) and the Office of the U.S. Trade Representative (USTR) announced that the government of Vietnam has notified the U.S. that it will resume imports of American distillers dried grains (DDGS). In December 2016, Vietnam suspended imports of U.S. DDGS after reported detections of quarantine pests in U.S. shipments. Prior to the suspension, Vietnam was …
Most U.S. Farmers Will Feel Impact from Hurricane Harvey
Hurricane Harvey stands to harm virtually all of U.S. agriculture, in some way. Many ports that ship agricultural commodities are in the path of the storm, from Texas to Louisiana, where the majority of corn and soybeans destined for other nations leave the United States. Texas produces high volumes of cotton, wheat, rice, and soy and is a large exporter …
USDA Makes First Ag Export Forecast for FY 2018
USDA’s first look at expected 2018 agricultural exports has those sales down slightly from this year. Gary Crawford reports. Sponsored ContentCIR Agriculture Harvester ProductsJuly 1, 2025Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
Harvey Forces Shutdown of Texas Ports, Threatens Others
Two major ports along the Gulf of Mexico in Texas are closed following the flooding and damage from Hurricane Harvey. Ports at the Texas Gulf account for about 24 percent of U.S. wheat exports, three percent of corn shipments and two percent of soybeans. In 2011, the Port of Corpus Christi ranked 13th in the Nation for total waterborne agricultural …
Agriculture Looks for Ways to Boost Exports
Agriculture is looking for every way possible to boost farm exports, at a time when other trade avenues seem to be limited or closed. TPP is off the table, the NAFTA renegotiations may or may not bear fruit, and U.S.-imposed sanctions on China over North Korea could invite retaliation. So where does U.S. agriculture go? One answer came recently when …
Brazil Slaps Tariff on U.S. Ethanol
The Brazilian Agriculture Minister announced on Wednesday that the country’s Chamber of Foreign Trade approved a recommendation to impose a 20 percent tariff on U.S. ethanol imports after a 600 million liter tariff rate quota. Brazilian media are reporting the tariff will be in effect for two years. This will make it much more difficult for U.S. ethanol to access …
Agri View: Beef Import and Export
Everett Griner talks about the beef import and export business in today’s Agri View. Beef is still the most popular meat on the American dinner plate. Maybe that is because we raise more cows than any other country. We also export more beef than anybody. The cattle industry is one of the largest segments of American agriculture. So, …
Peanut Exports Continue Lower Trend
The latest report concerning U.S. peanut exports indicates the lower trend continues. Tyron Spearman runs through the new numbers. Sponsored ContentCIR Agriculture Harvester ProductsJuly 1, 2025Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024