U.S. Still Registers Ag Trade Surplus in March

May 12, 2009 07:00 PM
 

Pro Farmer Editors

While the U.S. saw its trade deficit widen for the first time in eight months in March, U.S. agriculture continued to maintain its trade surplus despite a decline in the value of U.S. ag exports. According to data released by USDA, U.S. agriculture managed a surplus of $1.428 billion during March.

Following are the value of U.S. ag exports, imports and the resulting trade balance:

Time Period
Exports
Imports
Balance
Billion dollars
March
8.003
6.575
1.428
Oct. '08-March '09
51.772
38.572
13.200
Oct.'07-March '08
58.210
38.875
19.335

 


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