USDA Updates Forecast for U.S. Agriculture Exports

Dan Exports/Imports

Tuesday, the U.S. Department of Agriculture (USDA) released their updated agriculture exports projections for fiscal year 2023. The new projection is $193.5 billion, with imports at $197 billion. USDA Chief Economist Seth Meyer says that forecast is $2.5 billion below the revised 2022 forecast. For the rest of 2022, the export estimate of $196.0 billion represents an increase of $5.0 billion from May’s projection. …

Ukrainian Grain Shipments Helping Global Supplies

Dan Exports/Imports, Field Crops, Wheat

An agreement to allow grain shipments from Ukraine is helping increase global supplies of wheat and corn. Veronica Nigh, American Farm Bureau Federation Senior Economist, says several shipments are leaving Ukraine now. “Certainly, with the establishment of the export corridor, we’re starting to see a lot more ships leaving Ukraine than before. A total of 33 cargo ships have left …

Ukraine Shipping More Grain

Dan Exports/Imports, Wheat

Ukraine is shipping more grain under a U.N.-Turkey brokered deal in a hopeful sign for global food shortages. But experts caution that it may not be enough. State Department Spokesman Ned Price calls the latest grain exports from Ukraine “unambiguously a good thing”. “Ships are once again sailing from Ukraine’s Black Sea ports. At the latest count, more than 20 …

U.S., Mexico Dairy Sectors Recommit to Binational Cooperation

Dan Dairy, Exports/Imports, National Milk Producers Federation (NMPF), Trade

Leading dairy representatives from the United States and Mexico gathered at Dairy Farmers of America headquarters in Kansas City, Missouri this week to discuss strengthening cross-border cooperation on dairy issues. The National Milk Producers Federation (NMPF) and the U.S. Dairy Export Council (USDEC) served as the U.S. hosts and event organizers. NMPF notes that during the fifth annual meeting, the U.S. and Mexican dairy …

U.S., Mexico Dairy Sectors Recommit to Binational Cooperation

Dan Cattle, Dairy, Exports/Imports, National Milk Producers Federation (NMPF), Trade

Leading dairy representatives from the United States and Mexico gathered at Dairy Farmers of America headquarters in Kansas City this week to discuss strengthening cross-border cooperation on dairy issues. The National Milk Producers Federation (NMPF) and the U.S. Dairy Export Council (USDEC) served as the U.S. hosts and event organizers. NMPF notes that during the fifth annual meeting, the U.S. and Mexican dairy industries …

Pork Exports Down First Half of 2022 but Show Signs of Improvement

Dan Exports/Imports, National Pork Producers Council (NPPC), Pork

U.S. pork exports for the first half of the year were down by 19% in volume and 18% in value over the same period of 2021, according to recently released data from the U.S. Department of Agriculture. From January through June, the U.S. pork industry shipped to foreign destinations almost 1.1 million metric tons (MT) of product valued at $3 …

NCBA on Importance of Trade Agreements

Dan Beef, Cattle, Exports/Imports, Marketing, National Cattlemen’s Beef Association (NCBA), Trade

During the recent Cattle Industry Summer Business meeting, National Cattlemen’s Beef Association (NCBA) Senior Director of International Trade and Market Access, Kent Bacus, discussed NCBA’s efforts on the trade front. He notes the tight global supplies have created opportunities. And Bacus explains the importance of those trade agreements. Sponsored ContentWhat Sets Provysol® Fungicide ApartJuly 8, 2025CIR Agriculture Harvester ProductsJuly 1, 2025Nuseed Carinata …

South Korea Opens Duty-Free Quota for Imported Beef

Dan Beef, Cattle, Exports/Imports, Marketing, Pork, U.S. Meat Export Federation (USMEF)

South Korea is currently the leading value market for U.S. beef exports, with shipments on pace to possibly reach $3 billion this year. But rising food prices are a concern in Korea, and the government is taking steps to ease the burden on consumers. As part of this effort, Korea recently opened a 100,000 metric ton duty-free quota on imported …