The USDA estimates that the United States will export $ 164 billion worth of agri-food products in 2021 (over the fiscal year). This is $ 7 billion more than what was forecast last February. Corn exports could reach $ 17.2 billion, thanks to record volumes and high prices. Strong Chinese demand and rising prices should push soybean sales to $ 28.9 billion. In dairy products, the USDA anticipates revenues of $ 7 billion, driven by rising prices and volumes, particularly in skimmed milk powder and whey. On the meat side, performance would be better than expected in all sectors: beef, pork, processed meat, offal and poultry. Only leathers and skins are lagging behind.
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China would buy $ 35 billion in agrifood products from the US, a record linked to good shipments of soybeans, corn, nuts, wheat and poultry. It is the main market for American exporters, ahead of Canada and then Mexico.
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Over this period, the US would import $ 141.8 billion worth of agrifood products, dominated by purchases of livestock and meat and fresh and processed fruit.
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