U.S. farm exports to shrink by 12 percent over three years, says USDA
A global economic slowdown will combine with inflation, higher interest rates, and the strong dollar to erode U.S. food and agriculture exports by 12 percent through fiscal 2026, projected the USDA on Wednesday. “Macroeconomic conditions are expected to slow U.S. exports earlier than imports, leading to a negative trade balance” that would gradually grow larger,… » Read More
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