AgLetter: December 1995
U.S. agricultural exports experienced a phenomenal resurgence
in the fiscal year ending last September (fiscal 1995)
after being flat for most of the current decade. The gains
were characterized by a sharp increase in exports of bulk
commodities as well as continued growth in foreign sales of
higher valued products. In particular, Midwest farmers
benefited from strong export gains for corn, soybeans, and
red meats. The value of U.S. agricultural exports is projected
to again rise in the current year, albeit at a lesser pace.
