US Ag Exports In Fiscal '22 Forecast Up $4B To Record $177.5B; Imports At $159.5B

From USDA

U.S. agricultural exports in fiscal year (FY) 2022 are projected at $177.5 billion, $4.0 billion higher than the revised forecast for the preceding year. The FY 2021 export forecast of $173.5 billion represents an increase of $9.5 billion from May’s projection, mainly due to higher livestock, dairy, and poultry exports, as well as the adoption of a new definition of “Agricultural Products.”

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