Source: FARM POLICY NEWS, UNIV. OF ILLLINOIS, 9/19/17


Today’s update highlights recent information on U.S. agricultural exports from the U.S. Department of Agriculture, and also explores agricultural related trade issues that have been identified in recent news articles.

USDA Agricultural Trade Update
The USDA’s Economic Research Service (ERS) and Foreign Agricultural Service (FAS) recently released the August quarterly agricultural export forecast.  The agricultural export forecast is updated in February, May, August and December.
The ERS/FAS update indicated that, “Fiscal 2018 agricultural exports are projected at $139.0 billion, down $800 million from the revised fiscal 2017 forecast of $139.8 billion, largely due to reductions in corn and cotton export forecasts.

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