CROPS
Corn
Soybeans
Wheat
Canola
Field Guide
Pulse
Cotton
Hay & Forage
Horticulture
Yield Data Centre
LIVESTOCK
Swine
Beef
Dairy
Poultry
Equine
EQUIPMENT
Used Farm Equipment
Farm Equipment Dealers
Machinery News
Technology
Cool Tools
OTHER RESOURCES
Ag Industry News
Agriculture Apps
Agriculture Associations and Organizations
Business & Finance
COVID-19 Resources
Farm Auctions
Farm Energy
Farm Real Estate
Farm Safety
Farm Supplies
Farm Videos
Government & Policy
Mental Health
Precision Ag Conferences
Reflections on Farm & Food History
Rural Lifestyle
Weather
Farms.com Group Businesses
Media & Publishing
Careers
Software & Services
Production Farming
Farms.com Home  › Expert Commentary

U.S. Agricultural Exports Rose as U.S. Dollar Depreciated

Apr 01, 2014
 
The depreciation of the U.S. dollar against the currencies of U.S. agricultural trade partners contributed to the growth in U.S. agricultural exports since the early 2000s.  When the dollar depreciates, U.S. agricultural exports tend to rise as they become cheaper in foreign currency terms, while periods of appreciation—such as 2009—tend to make U.S. goods more expensive and constrain exports. Between 2002 and 2011, the U.S. dollar depreciated 22 percent against the currencies of U.S. agricultural trade partners, while U.S. agricultural exports expanded by 156 percent. Since 2011, although the dollar has appreciated 7 percent, its value remains low relative to historical levels and U.S. agricultural exports have remained competitive.  The U.S. dollar exchange rate index shown in the chart is based on the average exchange rate across countries, weighted by each country’s share of U.S. agricultural exports. This chart is based on data found in the ERS Agricultural Exchange Rate Data Set and Foreign Agricultural Trade of the United States. 

Download higher resolution chart (1876 pixels by 1446 pixels, 300 dpi)

Business News by Better Farming

General News by Better Farming

Forums by Agriville.com

Seeding intentions since it’s about to start ›
Spring seeding thoughts ›
Volatility Alert (VIX) ›
Sask 2024-25 Budget ›
Last Friday coctail till fall ›
Is Monette Farms like Bernie Madoff? ›
Happy Easter ›
Carbon tax ›

Machinery News by Better Farming

Fifth special edition NFMS Machinery Newsletter arriving Monday
Fifth special edition NFMS Machinery Newsletter a... ›

Crop News by Better Farming

Lack of moisture allows some Sask. farmers to begin seeding early
Lack of moisture allows some Sask. farmer... ›

Livestock News by Better Farming

Governments Of Canada And Manitoba Invest In Manitoba
Governments Of Canada And Manitoba Invest... ›

Sponsored Links: 

Highest Yielding Soybeans,  PigCHAMP Grow-Finish,  Precision Agriculture,  Swine Reproduction Software
Subscribe to our Newsletters Download Farms.com Apps Advertise with us
This website uses tracking tools, including cookies. We use these technologies for a variety of reasons, including to recognize new and past website users, to customize your experience, perform analytics and deliver personalized advertising on our sites, apps and newsletters and across the Internet based on your interests.
You agree to our Privacy Policy and Terms of Access by clicking I agree.