USDA Forecasts Narrower Agricultural Trade Deficit Heading into FY2026
USDA Forecasts Narrower Agricultural Trade Deficit Heading into FY2026
The U.S. Department of Agriculture is projecting a narrower agricultural trade deficit in fiscal year 2026, supported by stronger-than-expected export performance and modest declines in imports—an outlook that carries implications for U.S. pork and livestock producers navigating global markets.
According to USDA’s latest quarterly trade forecast, the ag trade deficit is expected to decline to $37 billion in FY2026, down from $43.7 billion in FY2025. That projection is an improvement from USDA’s
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