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 worth index. Supply: BEA, BLS, and creator’s calculations.
If soybean exports are to guage, we shouldn’t anticipate huge gross sales there to rescue ag exports.
Supply: Missouri Farmer At present.
September and October are normally huge months for exports to China. To date (through Sept. 18), there are zero gross sales to China, precise or dedicated. China is as an alternative buying from Argentina (who the Administration has simply given a credit score line of $20 billion).
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