WASHINGTON ¯ Estimates on U.S. agricultural exports have been revised to a record $108.5 billion during the 2008 fiscal year, according to U.S. Agriculture Secretary Ed Schafer. The revision is a $7.5 billion increase from February's previous record forecast and $26.5 billion above the final 2007 exports. Animal products and grains account for two-thirds of the export gains.
"U.S. producers are on track to export a record 63 million tons of corn, and set new export volume and value records for pork," Mr. Schafer said. "Export volumes and values are also up for many horticultural products with sales growth to Canada and the European Union being exceptionally strong."
China is forecast to receive a record $10.5 billion in U.S. exports, up almost $3.4 billion from 2007 levels. Thanks to North American Free Trade Agreements with the U.S., Canada and Mexico are still the United States' top-two markets worldwide with exports forecast to reach $30.5 billion in 2008 ¯ $5 billion above 2007.
Read the full MeatPoultry.com story here.
Latest from Quality Assurance & Food Safety
- FDA, CDC Investigate Salmonella Outbreak Linked to Live It Up Dietary Supplement Powder
- USDA FSIS Announces New Deputy Administrator of Field Operations
- ProVeg Incubator Launches Fast-Track to Impact Program for Alt-Protein Startups
- Kerry Releases 2026 Global Taste Charts
- FDA Shares Australia Certificate Requirements for Bivalve Molluscs and Related Products
- FDA Announces Update from CFIA on Certificate Requirements for Certain Meat, Poultry Products
- NIMA Partners Introduces the Next-Generation NIMA Gluten Sensor
- IFT to Host Community Conversation on Dietary Guidelines for Americans, 2025-2030 Report
