by U.S. Dept. of Agriculture, Economic Research Service, International Economics Division in [Washington, DC] .
Written in English
|Other titles||Dollar turnaround and US agricultural exports|
|Statement||Barry Krissoff, Art Morey|
|Series||ERS staff report -- no. AGES 861128|
|Contributions||Morey, Art, United States. Dept. of Agriculture. Economic Research Service. International Economics Division|
|The Physical Object|
|Pagination||iv, 20 p. :|
|Number of Pages||20|
"The Dollar Turnaround And U.S. Agricultural Exports," Staff Reports , United States Department of Agriculture, Economic Research Service. Andino, Jose & Mulik, Kranti & Koo, Won W., " The Impact Of Brazil And Argentina'S Currency Devaluation On U.S. Soybean Trade," Agribusiness & Applied Economics Report , North Dakota State. Shane, Roe, and Somwaru Exchange Rates, Foreign Income, and U.S. Agricultural Exports The export weights, TW i, k, of the i th commodity for country k are fixed based on the average U. U.S. exports of each of these products totaled $ billion or more in Mexico is major U.S. market for these products, accounting for nearly a third of U.S. corn exports and between one-fifth to one-quarter of pork, dairy, and poultry exports. Relative to a measure of U.S. farm production, the agricultural export value to Mexico is equal to 5. Total value of U.S. agricultural exports from to (in billion U.S. dollars) Agricultural exports from the United States were valued at billion U.S. dollars in and were expected to decrease to billion U.S. dollars by Farms in the United States. There were just over two million farms in the United States as of
The strong dollar is stifling U.S. agricultural exports, worsening the strain on farmers already dealing with a collapse in prices and weaker demand. Federal forecasters project that shipments of U.S. wheat will sink to a year low this season, as buyers from Egypt to Indonesia seek less-costly alternatives. Mr. Howell and other supporters point to a study by the Agriculture Department showing that for every dollar that government and industry spend on promotion, agricultural exports increase by $ 7) Suppose that the one-year forward price of euros in terms of dollars is equal to $ per euro. Further, assume that the spot exchange rate is $ per euro, and the interest rate on dollar deposits is 10 percent and on euro it is 4 percent. In December , the U.S. and China reached an agreement on Phase One of the trade deal in which China has committed to purchasing a substantial amount of U.S. goods and services in the next several years. The U.S. will keep 25% tariffs on $ billion worth of Chinese exports and % tariffs on $ billion of Chinese imports. .
In fiscal year (FY) , U.S. agriculture and related exports to China totaled $ billion, comprising approximately 16 percent of all U.S. agricultural exports. While the rapid growth in U.S. farm exports to China has plateaued in recent years, many macroeconomic conditions signal the potential for continued long-term growth and trade expansion in China. Foreign Agricultural Service U.S. Department of Agriculture Room , South Building Washington, D.C. Phone: () A feature of the Foreign Market Development program of USDA is the Trade Opportunity Referral Service (TORS). TORS is a computerized system that matches overseas buyers and U.S. suppliers of agricultural prod- ucts. agricultural exports in Figure 1. U.S. Agricultural Exports to Selected Destinations (Billion Dollars) As. Figure 2. shows, the United States is a net exporter of agricultural products to China (i.e., the value of U.S. agricultural exports to China is greater than the value of U.S. agricultural imports from China). In. Changes in the value of the dollar caused exports of U.S. agricultural products to: A. Increase steadily during the past 25 years B. Decrease steadily during the past 25 years C. Increase sharply in the s, but decrease during the early s D. Decrease sharply in the s, but increase during the early s AACSB: Analytical Bloom's: Level 1.