Farm Progress
U.S. farm exports are projected to set a record in 2021, according to the latest information from USDA. USDA's quarterly agricultural trade forecast projects fiscal year 2021 farm exports at $164 billion, an increase of $28 billion, or 21%, from the last fiscal year and a $7 billion increase from USDA’s previous FY 2021 forecast published in February. The annual export record of $152.3 billion was set in FY 2014.