US agricultural exports for the 2014 financial year soared 41 per cent in value to a record US$152.5bn, up from last year's record of US$141bn, the US department of agriculture (USDA) announced on Wednesday (5 November).
Commenting on the record-setting year, agriculture secretary Tom Vilsack said:'American farmers and ranchers have once again achieved another year of record exports. Agricultural exports have climbed 41 per cent in value over the past five years. US agricultural exports have increased in volume as well as in monetary value, which demonstrates an increasing global appetite for high-quality, American-grown products.
'The Administration's Made in Rural America initiative, led by USDA, remains committed to strengthening rural communities, and will continue to focus on investments in rural businesses, manufacturing, energy, water and other infrastructure development. Collectively, these efforts help to expand export opportunities for what is grown and made in rural America, create jobs, and foster growth that strengthens our nation's economy.'
