Race is On for $200 Billion in U.S. Ag Exports
With your Southeast Regional Ag News, I’m Haylie Shipp.
Somebody cue the Sawyer Brown or maybe I could say the George Jones… Whichever it is, the race is on. We are talking about U.S. ag exports and the race to get to $200 billion in value annually. We’re not there yet, but we did have a record year in 2021 setting the pace at $172.5 billion worth of ag exports. And this year, the USDA is predicting $183.5 billion worth.
During the U.S. Ag Trade Agenda and Outlook Session last week as part of the USDA’s Ag Outlook Forum, USDA Foreign Agricultural Service Administrator Daniel Whitley had this…
“I think the race, you heard it here first, the race for 200 is on. I don't know how many years it will take us, but I think we're now on the race for 200 in the next few years, these exports are literally on fire.”
USDA predicts that lower trade volumes in 2022 will be offset by higher values of exported goods.
Whitley says a recent trade mission in Dubai showcased the growing demand for U.S. agricultural products…
“The overwhelming enthusiasm for American agricultural products, in my perspective, was unprecedented.”
The Dubai trade mission was the first by USDA since 2019, before the COVID-19 pandemic.
