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Graphic: US Agricultural Exports Support 1.25 Million Jobs

By Mónica Cordero

In 2022, U.S. agricultural exports supported approximately 1.25 million full-time civilian jobs, totaling more than $197 billion.

These jobs are measured in full-time equivalents (FTEs), meaning the conversion of hours worked as if they were full-time positions. This translates to roughly 6,338 jobs for every $1 billion in agricultural exports. 

These figures are based on the latest estimates from the Economic Research Service’s Agricultural Trade Multipliers (ATM), which provide annual assessments of the employment and economic output impacts of farm and food product trade on the U.S. economy.

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Increased Geo Political Tensions = SELL AMERICA TRADE + Argentina Dry

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Higher geo-politics from Trump wanting to annex Greenlland to conflict with Iran has caused investors to sell everything America. With Matto Grosso Brazil 7% harvested weather has turned wet as harvest progresses but Argentina has turned dry! Both soybean and wheat futures have traded back above the pre-USDA January crop report close a positive technical chart signal. A monster weekly U.S. export report is price supportive but a kick the can down the road on E15 is very disappointing.