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Industry Headlines

Industry Headlines

Canada to replace China as largest U.S. export market

The forecast for China is $20.5 billion, which is $2.0 billion lower than the fiscal 2015 forecast, and Canada is forecast to replace China as the largest U.S. export market.

Industry Headlines

Beef export value to remain record high in 2016

Fiscal year 2016 grain and feed exports are forecast at $32.4 billion, up $1.1 billion from the 2015 forecast, driven by higher grain volume despite mostly lower prices.

Industry Headlines

Record ag imports projected in 2016

U.S. agricultural imports in 2016 are forecast at a record $122.5 billion, $7.0 billion higher than fiscal 2015.

Industry Headlines

Grain Exports: Marketing-year-low for corn sales

Corn sales reductions of 131,800 MT for delivery in 2014/2015--a marketing-year low--were down noticeably from previous week and from the prior 4-week average.

Industry Headlines

Drought Monitor: Attention to be on Florida & Tropical Storm Erika

A significant upper-level trough over the central part of the contiguous U.S., accompanied by a slowly moving cold front, brought up to several inches of rain across the eastern and southern states during the past week.

Industry Headlines

U.S. gasoline and diesel fuel prices decrease

The U.S. average retail price for regular gasoline decreased eight cents from the previous week to $2.64 per gallon on August 24, 2015, down 82 cents from the same time last year.

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