Oklahoma Farm Report masthead graphic with wheat on the left and cattle on the right.
Howdy Neighbors!
Ron Hays, Director of Farm and Ranch Programming, Radio Oklahoma Ag Network  |  2401 Exchange Ave, Suite F, Oklahoma City, Ok 73108  |  (405) 601-9211

advertisements
   
   
   
   
   
    
   
   
   
   
   

Agricultural News


U.S. Ag Secretary Vilsack Releases Strong Third Quarter Outlook for Ag Exports

Thu, 28 May 2015 17:55:59 CDT

U.S. Ag Secretary Vilsack Releases Strong Third Quarter Outlook for Ag Exports U.S. Agriculture Secretary Tom Vilsack today made the following statement on the release of the U.S. Department of Agriculture's third quarter Outlook for U.S. Agricultural Trade.


"The strong pace of American agricultural exports continues, with a trade surplus of more than $23 billion, a $1 billion increase from earlier projections for fiscal year 2015. Fiscal years 2009 to 2014 represent the strongest six years in history for U.S. agricultural trade, with U.S. agricultural product exports totaling $771.7 billion. For many American products, foreign markets now represent more than half of total sales. U.S. agricultural exports now support more than one million jobs here at home, a substantial part of the 11.7 million jobs supported by exports all across our country. Expanded U.S. trade overall has added roughly $13,000, on average, to every American family's income. Fiscal year 2015 exports are now forecast to be the third-highest on record, led by a strong performance in bulk commodities such as grains, animal feeds, and oilseeds.


"This most recent forecast also underscores how free trade agreements have benefitted the American economy through farm goods. In the combined 20 countries where the United States has free trade agreements, agricultural exports have remained relatively steady so far this fiscal year. Exports to countries where the United States lacks the assurances offered by trade agreements have declined this year, highlighting why it is so important for Congress to act and pass strong trade promotion authority legislation.


"Every day without trade promotion authority, American agriculture suffers as competitors negotiate their own agreements and lower global standards when it comes to environmental impact, consumer safety, and working conditions. USDA will continue to fight to get the best deal for farmers and ranchers, but our ability to open new markets and create new customers is limited without Congressional action."


Click here to read the outlook for U.S. Agricultural Trade.


   

 

WebReadyTM Powered by WireReady® NSI

 


Top Agricultural News

  • Friday, April 3, 2020 Market Wrap-Up with Justin Lewis  Fri, 03 Apr 2020 15:39:59 CDT
  • Global Changes Could Impact U.S. Farmers' Spring Planting Intentions Says USDA Chief Economist Rob Johansson  Fri, 03 Apr 2020 14:30:08 CDT
  • Despite Global Challenges, U.S. Pork and Beef Exports on Record Pace through February  Fri, 03 Apr 2020 14:07:52 CDT
  • USDA Adds Additional Flexibilities for Crop Insurance to Support America’s Farmers and Ranchers  Fri, 03 Apr 2020 13:18:47 CDT
  • Coronavirus Impact Ripples Across Farm Country  Fri, 03 Apr 2020 14:15:59 CDT
  • *Deadline Extended* OKFB Accepting Applications for $1,000 Scholarships  Fri, 03 Apr 2020 11:39:47 CDT
  • National Sorghum Producers to Open Board Director Applications  Fri, 03 Apr 2020 10:17:47 CDT
  • USDA Announces Second Application Window for Distance Learning and Telemedicine Grant Program Funding  Fri, 03 Apr 2020 10:15:47 CDT

  • More Headlines...

       

    Ron salutes our daily email sponsors!

    Oklahoma City Farm Show KIS FUTURES, INC. Oklahoma Ag Credit Oklahoma Farm Bureau National Livestock Credit Ag Mediation Program P&K Equipment AFR Insurance Stillwater Milling Oklahoma Cattlemen's Association

    Our Road to Rural Prosperity sponsors!

    Banc First OPSRC ORWA TPAOO TPAOO

    Search OklahomaFarmReport.com


       
       
    © 2008-2020 Oklahoma Farm Report
    Email Ron   |   Newsletter Signup   |    Current Spots   |    Program Links

    WebReady powered by WireReady® Inc.