U.S. agricultural export trade reached $135 billion in 2016 as farm commodities were a big economic driver helping to feed a growing global population, according to an economist.
“One-third of U.S. farm income comes from exports,” said Dr. Luis Ribera, who is also the director of the Center for North American Studies in College Station. “Exports play a very valuable role in the U.S. agricultural economy.”
Ribera gave an update on Texas agricultural trade to attendees at the Texas Ag Forum held recently at the Austin Hilton Airport in Austin.
Continued positive trade relations will keep steady exports of U.S.-produced agricultural commodities flowing, Ribera said. For Texas agriculture, Mexico continues to play a larger role.
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