NEWS
Record High U.S. Exports
Fri Nov 30, 2012 03:43 PM CST

WASHINGTON (Dow Jones) -- The U.S. Department of Agriculture Thursday raised its forecast for the value of agricultural exports in the 2013 fiscal year to $145 billion, which would be a record high.

Stronger-than-expected soybean shipments -- especially to China -- and record-high prices are responsible for much of the increase, according to USDA economists.

U.S. exporters now are expected to ship $22.5 billion worth of soybeans in 2013, up from $19.9 billion in the USDA's August forecast and $19.8 billion in fiscal 2012.

"Demand for products like American soybeans, wheat and tree nuts is surging across the world, with ...

Quick View
  • Is Your Burndown Working? A cool, wet spring and the spread of herbicide-resistant weeds mean farmers should take the extra...
  • Gains on Covers It took Jerry Doan several years and a lot of trials, but the North Dakota beef producer has lear...
  • Side-by-Sides and Cool Helmets Side-by-side manufactures continue to roll out new machines and machine updates. Here are two more.
  • Stress Test for Borrowers Farm finances rate an "A" now, but economists debate if that's good enough to handle a major corr...
  • Senators Question EPA A group of U.S. senators Wednesday told President Barack Obama that his administration has not fo...
  • Climate Work Ahead at USDA Ag Secretary Tom Vilsack spoke about GOP complaints regarding the Obama administration's work wit...
  • Full-Circle Farming Bill Couser sees farming as a full circle. If it comes off the farm, it can go back into the farm.
  • Making the Grade What if corn isn't cheap the next five years? Fickle price projections can sway farm bill choices.
  • Ask the Vet What's my best bet for fly control?
Related News Stories
USDA Weekly Crop Progress
USDA Weekly Crop Progress
USDA Reports Flash
USDA Reports Summary
USDA Weekly Crop Progress
USDA Reports Preview
USDA Forecasts Big Shift to Soybeans
USDA Reports Summary
USDA Reports Preview
Borlaug Statue Tops Ag Day