Ag export projections trimmed

Ag export projections trimmed

U.S. ag exports for fiscal year (FY) 2019 are projected at $137 billion, down $4.5 billion from the February forecast, according to the USDA Economic Research Service quarterly trade outlook released last week.

Corn exports are forecast down $1.4 billion, on lower volumes and unit values. Soybean exports are forecast down $1.5 billion to $17 billion, driven by lower demand due to African swine fever, weak prices and continuing trade tensions with China.

Export forecasts ...

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