Created: 12/20/13 (Fri) | Topic:
The value of agriculture
Did you know agricultural exports are a big deal for the U.S. economy? It's true.
According to American Farm Bureau trade specialist Dave Salmonsen, "Our exports at over $140 billion a year, our imports at about $115 billion a year, are probably about 10 percent of all our trade, but it’s one of our number one positive trade things, meaning we have a surplus and we’re one of the only sectors that has that and it make helps make up some trade deficits that we have. So it’s a real bright spot in the U.S. economy."