Outlook for U.S. Agricultural Trade: February 2025

The U.S. agricultural trade forecast for 2025 reflects a shifting global economy, with exports projected at $170.5 billion and imports rising to $219.5 billion. While grain and feed exports are expected to grow, the outlook for oilseeds and cotton has weakened due to strong competition from South America and reduced demand from China. Meanwhile, Mexico remains the top destination for U.S. agricultural products, while exports to China and Canada are expected to decline. As global economic conditions evolve, these trade trends highlight the challenges and opportunities shaping U.S. agriculture in the year ahead.