Outlook: Record-setting year for ag exports

The U.S. Department of Agri­culture (USDA) last week projected that Fiscal Year 2013 agricultural exports will reach $140 billion, which if realized would be a new record.

The forecast in the USDA’s quarterly Outlook for U.S. Agri­cultural Trade is up slightly from last quarter’s forecast. Fiscal 2013 imports are forecast at...