The USDA forecasts strong fiscal 2019 U.S. agriculture exports to all Asian countries except China. The agency projects China’s imports of U.S. agriculture products to be down $7 billion from the 2018 forecast, but all the rest of Asia is projected to import $3.8 billion more.
Chinese demand for U.S. soybeans is expected to be sharply lower because of China’s retaliatory tariffs. The tariffs will also curb demand for U.S. sorghum, pork and dairy products.
Continue reading Asia exports strong, except for China at Brownfield Ag News.
