NEWS
Ag Policy Blog
Chris Clayton DTN Ag Policy Editor
Thu Nov 14, 2013 07:35 PM CST

USDA reported 140.9 billion in agricultural exports for Fiscal Year 2013 on Wednesday , a record total, topping $137.4 billion in 2011.

The agricultural sector also imported $103.8 billion in goods, which is also a record level. The U.S. showed a positive trade balance of $37 billion.

The numbers reiterate comments made Wednesday by Michael Swanson, agricultural economist and senior vice president at Wells Fargo, at the American Bankers Association annual agricultural bankers conference in Minneapolis.

"We are becoming much more of a global focused export ag economy," Swanson said. He added, "We are going to depend on the global ...

Quick View
Related News Stories
Washington Insider-- Wednesday
Washington Insider
Washington Insider-- Tuesday
Work on Global Soil Security
Grain Inspections Reforms Move Forward
Buffers Budget
Washington Insider-- Friday
Mixed Reaction on COOL Repeal Bill
Washington Insider-- Thursday
Farmers Question Co-op Merger