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Outlook for U.S. Agricultural Trade

  • by Hui Jiang, Alberto Jerardo and David Torgerson
  • 12/2/2013
  • AES-80

Overview

USDA has revised its forecasts for fiscal 2014 agricultural trade. Exports are now expected to fall $3.9 billion from fiscal 2013's record, to $137 billion. Imports are expected to rise $5.7 billion from fiscal 2013, to a new record: $110 billion. Compared with the last forecast in August, the new forecast for exports is $2 billion higher, and the forecast for imports is $3.5 billion lower.

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