Agricultural Outlook Forum

A salad, a glass of wine, a bit of time and U.S. will be a food importer

The American preference for fresh foods year-round, often washed down with a glass of wine—or something stronger—will drive a $100 billion increase in food and ag imports in the years ahead, according to the Agriculture Department. It would turn the United States into a net importer of food in the long term and question the proud sentiment in farm country that America feeds the world.

Record corn and soybean crops possible as farmers chase high prices

Responding to strong exports and expectations of a U.S. economic recovery, farmers will plant 92 million acres of corn and 90 million acres of soybeans this spring, pointing to a record soybean crop and possibly the largest corn harvest ever, said the USDA on Thursday. Chief economist Seth Meyer also said farm exports would be a record $157 billion this year, including the largest-ever exports to China of $31.5 billion.