Subscriptions to the printed version of this report are available from the ERS-NASS order desk. ERS-NASS accepts MasterCard and Visa.
Declines are particularly evident for soybeans, cotton, and wheat.
Some of the drop results from lower prices, but much is due to strong export competition. Corn exports have risen this year in contrast to other bulk commodities. The smaller gains in value reflect lower corn prices than last year. But export competition is reduced as exports from Argentina, the Republic of South Africa, and China are projected to decline. Weak demand has also slowed exports.