Issues of concern to people who live in the west: property rights, water rights, endangered species, livestock grazing, energy production, wilderness and western agriculture. Plus a few items on western history, western literature and the sport of rodeo... Frank DuBois served as the NM Secretary of Agriculture from 1988 to 2003. DuBois is a former legislative assistant to a U.S. Senator, a Deputy Assistant Secretary of Interior, and is the founder of the DuBois Rodeo Scholarship.
Wednesday, June 02, 2021
USDA Forecasts Farm Exports to Hit a New Record in 2021
Demand for pork and grains is helping propel prices in 2021, and USDA is forecasting it to be a record year.
USDA thinks farm exports could hit a new record for fiscal Year 2021. The agency expects $164 billion in exports for 2021. That would be the highest on record, and up 21%from last year's total. If the forecast hold true, the 2021 farm export total would beat the previous record set in 2014.
USDA says the drivers behind the surge include a record outlook for China, which is expected to be the number one customer buying some $35 billion dollars in exports. USDA says sharply higher commodity prices and reduced foreign competition is also driving the increase. AGWEB
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