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Chick-News.com Poultry Industry News, Comments and more by Simon M. Shane

U.S. Agricultural Trade Outlook

06/01/2021

According to the May 26th edition of the USDA Outlook for U.S. Agricultural Trade, exports of agricultural products will attain $164 billion in fiscal 2021 ending September 30th.  Imports will amount to $141.8 billion yielding a positive balance in agricultural trade of $22.2 billion.

 

For fiscal 2020-2021 the U.S. will export 70.0 million metric tons of corn valued at $17.2 billion with a unit price of $246 per metric ton.  Soybean exports will attain 62.1 million metric tons valued at $28.9 billion or a unit price of $465 per metric ton.  Exports of soybean meal will attain 12.9 million metric tons valued at $6.0 billion or a unit value of $465 per metric ton.

 

USDA estimates exports of 3.4 million metric tons of broiler meat valued at $3.2 billion or $941 per metric ton.


 
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