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Economy News Politics Trade

Daybreak May 30: Trade deficit grows as China sales weaken

06/03/24 10:43 AM By Steve Davies, Philip Brasher, Noah Wicks, and Rebekah Alvey
KEYWORDS Cotton Board crop insurance fraud David Garrett Manion Farm Credit Administration USDA OIG

The U.S. ag trade deficit continues to grow. USDA is now projecting it will reach $32 billion for fiscal 2024, up from $16.7 billion in FY23.

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Steve Davies
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Noah Wicks
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