ERS: U.S. Ag Trade Surplus in Excess of $4 billion for February

Ag exports for the month totaled $12.491 billion.

U.S. agriculture trade for February 2013 resulted in a trade surplus of $4.162 billion, according to the USDA Economic Research Service’s quarterly update to its agriculture trade statistics. Agriculture exports for the month totaled $12.491 billion, while imports totaled $8.329 billion.

Total agriculture exports for the 2013 calendar year-to-date have totaled $25.516 billion, while ag imports have totaled $17.244 billion for a surplus of $8.272 billion this year. In 2012, total ag exports amounted to $141.342 billion, whereas ag imports totaled $102.871 billion for a yearly ag trade surplus of $38.471 billion.

Get more details on the latest U.S. ag trade data here.

AgWeb-Logo crop
Related Stories
Today’s market is evolving, not just correcting, according to ag economists. To win the long game, farmers are using generics and delaying machinery purchases as trade shifts to allies and consumers demand premium meat portions.
With domestic production at record lows and private sector taking the lead, the island nation could leaning on U.S. producers more than ever.
An official with the Chinese embassy in the U.S. confirms President Trump and Chinese President Xi might be getting ready to sign a permanent trade deal when they meet in China in April.
Read Next
As the Strait closure enters its tenth week, supply chain gridlock and policy hurdles suggest high input costs will persist through the 2027 planting season, according to Josh Linville, vice president of fertilizer with StoneX.
Get News Daily
Get Market Alerts
Get News & Markets App