Ag Trade: USDA Forecasts Record Farm Exports In FY '21

By Keith Good

Farm Policy News

On Wednesday, the USDA released its Outlook for U.S. Agricultural Trade, a quarterly report from the Department’s Foreign Agricultural Service (FAS) and Economic Research Service (ERS).  Today’s update includes highlights from the report, which was coordinated by Hui JiangDylan Russell, and Adam Gerval.

The Outlook stated that, “U.S. agricultural exports in fiscal year (FY) 2021 are projected at $164.0 billion, up $7.0 billion from the February forecast, led by increases in cornsoybeans, and livestockpoultry, and dairy products.

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