Strong greenback pushing U.S. wheat exports to 44-year low
Автор: Arirang News
Загружено: 2015-12-07
Просмотров: 232
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달러 강세에 미국 농업마저 타격…밀 수출 44년 만에 최저
It seems the strong U.S. dollar is shredding the country′s agricultural exports.
And it′s a double whammy for farmers in the U.S. already suffering from a collapse in prices and weaker demand.
The Wall Street Journal reports that U.S. federal forecasters project shipments of U.S. wheat will sink to a 44-year low this season, as buyers search for cheaper alternatives.
The Agriculture Department expects corn exports will drop to the lowest in three years, while beef and pork exports are down more than ten percent by value this year.
The U.S. dollar soared last week to a 13-year high against a basket of currencies.
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