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A number of factors have converged over the last 18 months to send global agricultural commodity prices to near-record levels. Russia’s invasion of Ukraine – and the potential loss of Ukrainian exports – was the latest development to push commodity prices higher.
International Agricultural Trade Report

Banner Year for U.S. Beef Exports in 2021

As countries roll back COVID-19 restrictions, foreign market demand for beef is becoming a bright spot for U.S. producers.
In the first quarter of 2021, U.S. soybean exports reached the second-highest value ever at $7.7 billion, nearly double the same period last year.
International Agricultural Trade Report

Foreign Demand Fuels U.S. Corn and Sorghum Exports

Strong foreign demand and reduced competition have sharply boosted exports to record levels for U.S. corn in 2020/21.
International Agricultural Trade Report

China’s Rising Bakery Sector

China’s bakery sector has been expanding rapidly in recent years, underpinned by the country’s rising middle class, ongoing Westernization of lifestyles and diets, and increasing demand.
International Agricultural Trade Report

Opportunities for Health Food Exports in Japan

Japanese consumers have become more health conscious, demanding food products that contain natural ingredients, minimize additives and sweeteners, and support health, dietary, and functional needs.
International Agricultural Trade Report

China: Evolving Demand in the World’s Largest Agricultural Import Market

While trade tensions and China’s retaliatory tariffs slashed U.S. agricultural exports to China in 2018 and 2019,
The significant rise of dog- and cat-owning households in East Asia presents an opportunity to increase the U.S. exports of pet food.
International Agricultural Trade Report

U.S. Sorghum Prices Rally with China’s Return to the Market

China’s announcement of tariff exclusions following the Phase One agreement had an immediate impact on U.S. sorghum exports mainly because of the sheer volume China purchases and its effect on prices.
International Agricultural Trade Report

United States Agricultural Exports to Japan Remain Promising

There is an array of opportunities for U.S. agricultural exporters in Japan, though its unique culture and regulatory environment present challenges.
International Agricultural Trade Report

Japan-EU Trade Agreement Threatens U.S. Pork Exports to Japan

On December 8, 2017, Japan and the European Union (EU) announced the finalization of negotiations on the Japan-EU Economic Partnership Agreement (EPA).
International Agricultural Trade Report

Vietnam: Surprising Strength in Cotton Spinning Benefits U.S. Exports

Vietnam’s demand for raw cotton has risen steadily for six years, with August-to-January (Marketing YTD) imports at their highest levels ever.