Agricultural and Food Policy
 Agri Outlook
Radio
Number 135
Outlook/Noteworthy: Part 2.
USDA Long-Term Agricultural Projections - Key Results on U.S.
Agricultural Exports and Imports (1:10 minutes)
Audio/Video Script:
Dr. Bobby Coats
Extension Economist
University of Arkansas, Division of Agriculture
USDA’s long-term agricultural projections shows rise in U.S. agricultural
exports. I’m Bobby Coats Extension Economist University of Arkansas Division of
Agriculture.
Key results on U.S. agricultural exports and imports include:
USDA projects the value of U.S. agricultural exports to rise as steady global
economic growth and stronger world trade lead to gains for U.S. agricultural
export volumes and higher commodity prices.
USDA points out the lower value U.S. dollar, is also an important factor
underlying recent export gains and the projected growth.
Higher commodity prices are also a function of the projected continued
expansion of global biofuel demand.
On imports increases in U.S. consumer income and demand for a large variety
of foods underlie continued strong growth in U.S. agricultural imports.
This has been Bobby Coats Extension Economist University of Arkansas Division
of Agriculture.
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