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Ag trade deficit to grow in FY25 as Chinese market shrinks

08/28/24 7:09 AM By Philip Brasher
KEYWORDS ag trade forecast Agricultural Trade Outlook corn exports to China soybeans specialty crops tree nuts
The U.S. agricultural trade deficit is projected to grow to $42.5 billion in the fiscal year that starts Oct. 1, while sales to China extend their slump, providing fresh fuel to ongoing election-season debates about the future of trade policy.
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Philip Brasher
Editor in Chief

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