Economic challenges worldwide force retreat in farm exports, says USDA
After setting a record last year, U.S. farm exports will shrink 8 percent this year, due to tightening economic conditions worldwide and lower commodity prices, said the Agriculture Department on Wednesday. The $15.4 billion decline in sales would be most pronounced for corn, cotton, beef, and soybeans. In a quarterly forecast, the USDA pegged ag… » Read More
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