Ag producers facing a record trade deficit

by | Jun 19, 2024 | 5 Ag Stories, News

The U.S. is facing a record-large agricultural trade deficit in 2024. Betty Resnick, an economist at the American Farm Bureau Federation, said the deficit has deepened significantly in the last two years.

Resnick said there are many challenges contributing to the ag trade shortage.

However, Resnick added that there are things the administration and Congress can do to improve the situation.

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