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U.S. farm and food exports climbed eight percent in FY 2017, reaching the third-highest level on record.
Line graph comparing U.S. agricultural trade to and from India. In 2016, the U.S. imported $2.1 billion, while exporting $1.3 billion worth of agriculture.
Pakistan’s soybean imports during 2016/17 reached a record 1.6 million metric tons (MMT) and are forecast at 2 MMT in 2017/18 based on preliminary bookings.
Post’s MY17/18 soybean production forecast is 14.4 million metric tons (MMT), up from the estimated 12.9 MMT in the previous year.
Graphic illustrating the distribution of India's agriculture imports from the world, which topped $16.9 billion in 2016.
Acreage is expected to decline but yields are forecast to return to normal for Canada's 2013 oilseeds crop, which should result in greater supplies.