• Print
  • Email

AgLetter, No. 1884, January 1997
AgLetter: January 1997
The value of agricultural exports rose to a record level in the fiscal year that ended in September 1996. At $59.8 billion, exports were a tenth higher than the previous year and over a third larger than two years earlier. Sales of bulk commodities registered extraordinary gains, but high-value (HV) products also contributed to the expansion. The increase in agricultural exports more than offset rising imports, and the net trade surplus for agriculture moved up to a record high. For the current fiscal year, a decline in exports of bulk commodities is expected to offset continued gains for HV products and pull the value of agricultural exports lower.
Having trouble accessing something on this page? Please send us an email and we will get back to you as quickly as we can.

Federal Reserve Bank of Chicago, 230 South LaSalle Street, Chicago, Illinois 60604-1413, USA. Tel. (312) 322-5322

Copyright © 2023. All rights reserved.

Please review our Privacy Policy | Legal Notices