NEWS
An Urban's View
Urban C. Lehner Editor Emeritus
Tue Jul 21, 2015 10:18 AM CDT

Talk about a picture worth a thousand words. The nearby graph, from USDA's February 2015 report "China's Growing Demand For Agricultural Imports" (http://tiny.cc/…), tells the story of the evolving U.S.-China ag-trade relationship.

In the 1990s, we learn, both exports and imports were minimal -- generally less than $2.5 billion a year -- and fairly balanced. In one of the years -- 1993 -- the U.S. actually ran a tiny ag-trade deficit with China.

In the new millennium, ag exports to China have increased ten times while imports have merely tripled.

Further on in the same report we learn ...

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