Ag Exports in 2021 Projected Higher and More U.S. Wheat Acres in 2021
From the Ag Information Network, I’m Bob Larson with your Agribusiness Update.
**U.S. agricultural EXPORTS in 2021 are projected at $152.0 billion, up $11.5 billion from the August forecast, driven by higher soybean and corn export values.
Wheat exports are projected at $6.2 billion, up $200 million, on higher unit values and slightly larger volumes.
Ag exports to China are forecast at a record $27.0 billion, an increase of $8.5 billion.
U.S. ag IMPORTS in 2021 are forecast at $137.0 billion, up $1.0 billion, led by expected increases in products like fresh fruits and vegetables.
**California companies have earned grants to explore aspects of wildfire prevention and safety, according to USDA.
With those grants, a company in Torrance will test small, automated fire weather observation sensors.
A Riverside company will produce synthetic insect pheromones to protect trees from beetles.
A firm in Newark is working on small, low-cost gas sensors intended to help protect wildland firefighters.
**Farmers will be planting more total wheat acres for 2021, thanks to stronger demand, higher grain prices and good weather conditions.
According to agweb.com, USDA predicts 46 million total acres of wheat will be planted, a 1.7-million-acre increase over this year, the first expansion of U.S. wheat acres in eight years.
The private analytics firm IHS Markit Agribusiness forecast U.S. WINTER wheat plantings at 31.5 million acres, up 3.6% from a year ago.
https://www.agweb.com/article/wheat-acres-expand-first-time-8-years?mkt/
