Source: Alan Bjerga, BLOOMBERG, 5/26/11
U.S. farm exports will jump to a record $137 billion in the year ending Sept. 30 as companies including Bunge Ltd. (BG) and Archer Daniels Midland Co. expand shipping capacity to meet rising demand.
The total would be 26 percent higher than last year’s $108.7 billion, and more than the previous record of $114.9 billion in 2008, the department said today in a quarterly report.
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