3 Products Leading American Agriculture In 2019

It has been a tumultuous year for American agriculture companies. Historic rainfall and international supply chain uncertainty has altered traditional import and export levels. However, this industry is still exporting more than $100 billion annually, and is predicted to easily clear that number this year.

Here are the three categories of exports leading to that export total:

Horticultural Products

Made up mostly of food used for consumption, horticulture products are forecast to total $35.30 billion in exports according to the United States Department of Agriculture (USDA). This figure would beat the $34.56 billion figure from the 2018 fiscal year.

Grains and Feed

The USDA predicts a total export amount of $31 billion in grain and feed for the 2019 fiscal year. This figure has been marked down from the initial forecast for the year and would finish under last year’s total of $31.23 billion. The USDA says a decrease in corn exports specifically has contributed to this figure.

Livestock, Poultry and Dairy

This segment of the agriculture industry is expected to finish below its original FY 2019 forecast as well. The USDA currently estimates it will result in $29.94 billion in exports, down from last year’s total of $30.53 billion and its original expectation for 2019 of $30.40 billion. According to the USDA, dairy product exports have increased but have been offset by decreases in beef and veal, hides and skins, and pork exports.

The biggest year-over-year drop off is expected for soybeans, which the USDA anticipates falling by $4.60 billion to a total of $17 billion. The department credits this drop to “lower demand due to African Swine Fever, weak prices, and continuing trade tensions with China.”

Follow us on social media for the latest updates in B2B!

Image

Latest

kraken machines
Superior, Wisconsin Company Launches KRAKEN Machines
November 7, 2024

Superior, WI—BARKO Hydraulics, a Superior, Wisconsin-based company focused on the production of heavy equipment for forestry and logging professionals since 1963, today announced the introduction of a new equipment brand targeting a variety of non-forestry industries, including general construction, scrap/recycling and disaster mitigation, including wildfire prevention and clean-up. President, Justin Rupar, expressed enthusiasm about the…

Read More
unified data
Breaking Down Silos with Unified Data: Enhancing IT-OT Collaboration and Workplace Security
November 7, 2024

As organizations navigate the complexities of hybrid work models, the integration of Information Technology (IT) and Operational Technology (OT) has become pivotal. Eptura’s 2024 Workplace Index Report highlights that businesses are increasingly investing in data analytics, integrated workplace solutions, and collaboration software to enhance operational efficiency and employee experience. This trend underscores the critical…

Read More
Cutting-edge tracking tech
Lamar IoT’s Cutting-Edge Tracking Tech Prevents Drugs & High-End Food Products from Perishing
November 7, 2024

As global supply chains grow more complex, the need for precise tracking and quality control is critical. Traditional tracking systems often fall short, merely pinpointing the location without monitoring essential conditions like temperature or humidity. But for industries moving sensitive items—like high-value medicines and perishable foods—real-time insights into the condition of goods are essential…

Read More
immersive
Cosm’s Visionary Approach to Evolving Entertainment Through Immersive Experiences
November 7, 2024

The entertainment landscape is undergoing a significant transformation, with immersive experiences leading the charge. Advancements in technology and evolving audience expectations are reshaping how people engage with content, as venues strive to deliver deeper, more interactive encounters. This episode of Pro AV Today, hosted by Ben Thomas, features Rachael Stockham, VP of Sales and Strategic Partnerships…

Read More