U.S. ag exports set new record.
Pro Farmer, December, 2006
USDA says the value of U.S. ag exports reached an all-time one-month high of $6.9 billion in October. That's up $1.6 billion from September. For the first 10 months of the calendar year, exports are at $57.5 billion, about 12% higher than in the first 10 months of 2005. Soybeans led the surge in October.
USDA said, "Soybean shipments to China grew from about 500,000 MT in September to over 2.2 MMT in October."
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