U.S. farm exports reaches record high US$115.8 billion

Agriculture Secretary Tom Vilsack made the following statement regarding data released showing that U.S. farm exports reached an all-time high of US$115.8 billion in the calendar year 2010:

“U.S. farmers and ranchers had a record-breaking export year, surpassing the previous high of US$114.8 billion, set in calendar year 2008, by nearly US$1 billion. We saw a rise in both the value and volume of U.S. agricultural exports worldwide.

“Today’s numbers indicate that the demand for U.S. food and agricultural products is soaring worldwide. This is good news for all Americans in these trying economic times. Every US$1 billion in agricultural exports supports 8,000 American jobs, which means agricultural exports supported nearly one million jobs in 2010. Read more ...

This blog is written by Martin Little The Global Miller, published and supported by the GFMT Magazine from Perendale Publishers.