U.S. ag trade expected to decline

U.S. ag trade expected to decline

THE U.S. Department of Agriculture's "Outlook for U.S. Agricultural Trade: August 2015" report projects that U.S. agricultural exports will decline to $138.5 billion in fiscal 2016, down $1.0 billion from $139.5 billion in fiscal 2015 (Table).

This decline is primarily due to oilseeds and products, which are down $4.4 billion as a result of expectations for lower soybean and soybean meal prices and reduced export volumes, the report says.

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