Do agricultural exports help the economy?
According to the USDA Economic Research Service, $140.5 billion worth of American agricultural products were exported around the globe in 2017. China and Canada are the largest trading partners of the U.S.; together accounting for 46% of all U.S. agricultural exports. Changes in trade agreements directly affect the amount of trade between the U.S. and other countries, so it’s important that individuals who negotiate these trade agreements understand the impact it has on U.S. farmers and ranchers along with all U.S. consumers.