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U.S. Ag Exports To China: Soybeans And Corn • Farm Policy News

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U.S. Ag Exports To China: Soybeans And Corn • Farm Policy News

Mary A. Marchant indicated recently at Choices Online that, "International trade deficits have recently been reputed as 'bad' for the economy; however, agriculture has posted a trade surplus since 1959. For U.S. agriculture, trade represents 20% of farmers’ income on average, and more for specific commodities—70% for cotton and tree nuts; 50% for wheat, rice, and soybeans: and almost 20% for meat and dairy products. Thus, tossing trade would b...

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