Down from January:
Determine 1: Agricultural (meals, feed and drinks) exports in mn$ (tan), in mn2017$ (blue), each seasonally adjusted. August determine is advance. August actual determine is nominal advance, divided by deflator extrapolated to August utilizing BLS export value index. Supply: BEA, BLS, and creator’s calculations.
If soybean exports are to evaluate, we shouldn’t count on massive gross sales there to rescue ag exports.
Supply: Missouri Farmer Right now.
September and October are normally massive months for exports to China. Up to now (through Sept. 18), there are zero gross sales to China, precise or dedicated. China is as a substitute buying from Argentina (who the Administration has simply given a credit score line of $20 billion).
