Southern Crop

Southern Crop

China Tops Canada As Lead Buyer of U.S. Ag Goods

Tensions are rising when it comes to the future of trade. As leaders from Canada, Mexico and the United States are in the midst of round 5 of North American Free Trade Agreement (NAFTA) 2.0 negotiations, new numbers from U.S. Department of Agriculture (USDA) show China is now the top buyer of U.S. agricultural goods.

 

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Canada was once again the leading destination for U.S. food and agricultural exports in 2018, with total export value close to $21 billion. U.S. exports of high-value food and beverage products to Canada ($16.1 billion) represented over 24 percent of total U.S. consumer-oriented agricultural exports globally. Read More

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