November 30, 1999
Fiscal 2000 U.S. Export Forecasts for Agriculture, Fishery and Forest Products
FY 2000 Forecast Lowered for Agricultural Exports
FY 2000 U.S. agricultural exports are forecast at $49 billion, down $1 billion from the previous FY 2000 projection in August. Agricultural imports in FY 2000 are forecast at $39 billion. The resulting forecast for the trade surplus is $11 billion.
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USDA's revised November "Outlook for U.S. Ag Trade" was released on November 30, 1999. Trade forecasts for fishery and wood products are estimated by FAS and are not official USDA forecasts. For more information, contact Ernest Carter (carterew@fas.usda.gov) at (202) 720-2922 or link to ERS' "Outlook for U.S. Agricultural Trade."
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