Items Tagged with 'soybean exports'

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us ag exports to china

U.S. Ag Exports to China Projected to Total $13 Billion in FY20

U.S. agricultural exports to China are projected to total $13 billion in fiscal year (FY) 2020, up from $10.1 billion in fiscal year 2019. This rise in expected exports is primarily due to growth in Chinese purchases of U.S. soybeans and pork with expected additional purchases of sorghum and cotton also playing a role.
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Soybeans Cited as a Factor in Largest U.S. Trade Deficit Since 2008

According to MarketWatch, China’s boycott of U.S. soybeans made a significant contribution to the country’s October trade report. According to data from the U.S. Bureau of Economic Analysis and the U.S. Census Bureau, the deficit increased from $54.6 billion in September (revised) to $55.5 billion in October, as exports decreased and imports increased.
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USDA Expects Whole Soybean Exports to Rise

According to the Economic Research Service of USDA May 2018 Oil Crops Outlook report, in the 2018-19 marketing year (Sept.–Aug.), total U.S. exports of soybeans (whole, meal and oil) are expected to increase by over 8% provided normal trade relations with other countries.
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