Supporting U.S. Farms, Jobs and Communities

By Faith Parum

Agricultural trade plays a vital role in the American economy. It supports U.S. farmers while driving economic growth and job creation across the country. With more than 20% of U.S. agricultural production sold abroad, exports are a key part of this picture. On average, every dollar of agricultural exports generates $2.06 in additional economic activity within the United States.

Recently, USDA updated its Agricultural Trade Multipliers, which help measure the full impact of agricultural exports. This Market Intel breaks down how trade benefits the U.S. economy, highlights key challenges such as non-tariff barriers, and reviews recent trade policy developments ahead of the Aug. 1 tariff deadline.