USDA Projections: Exports Decreasing, Imports Increasing in 2023

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By Clint Thompson Fruit and vegetable producers in the Southeast will be disappointed to learn that the U.S. Department of Agriculture’s (USDA) revised Fiscal Year (FY) 2023 trade forecast projects lower exports and a record imports, according to Seth Meyer, chief economist with the USDA. He provided the update during the USDA Agricultural Outlook Forum held last week. Exports are …