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
Related News Stories
New Standards Target Poultry Pathogens
USDA Reports Flash
USDA Reports Summary
Avian Flu Confirmed in Wash. Wild Birds
USDA Reports Summary
USDA Reports Flash
USDA Reports Preview
Inspections Bullish for Corn
Rookies at Risk - 2
USDA Weekly Crop Progress