Trump's gift to Biden: Record ag exports to China

  • 📰 politico
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 59%

United States Headlines News

United States Latest News,United States Headlines

U.S. farm exports to China are expected to hit a record $31.5 billion during President Joe Biden's first year in office

A bucket of yellow soybeans is shown as a truck rolls by a facility in Volant, Pa. | Keith Srakocic/AP PhotoU.S. farm exports to China are expected to hit a record $31.5 billion during President Joe Biden's first year in office, the U.S. Agriculture Department said

For the October-December period, exports to China "reached a historic high of $14.4 billion, largely a result of strong shipments of soybeans, corn, sorghum, wheat, cotton and chicken paws," USDA said. "Outstanding sales of many of these products remain high, with corn sales at unprecedented levels."

U.S. officials said China committed to buy about $30 billion worth of U.S. farm goods in 2020 and about $38 billion in 2021. U.S. farm exports to China did double last year, to about $26.4 billion, but missed the phase one goal.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

No worry dementia Joe will change that

Biden will inherit many good things from Trump but to dumb not to screw them up like he is now killing jobs during a pandemic.

All because of Trump policies. Make sure you make this very clear. Farmers are in their best financial shape in years thanks to trump

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 381. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.