# USDA Expects Ag Exports to Set Record in 2022, Decline by $5 Billion in 2023

> USDA projects record US agricultural exports of $196 billion in fiscal 2022, revised up $5 billion, mainly on livestock, poultry and dairy. Fiscal 2023 exports are forecast to fall $2.5 billion to $193.5 billion, with lower sorghum exports among the drivers.

- Date: 2022-08-31 · published 2022-08-31T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/40096-usda-expects-ag-exports-to-set-record-in-2022-decline-by-5-billion-in-2023
- Commodities: [Sorghum](https://feedsoft.ai/c/SORGHUM.md)

## Why it matters

A forecast drop in sorghum exports for 2023 signals softer foreign demand for US sorghum, a modest bearish factor for feed grain prices.

## Read by commodity

- SORGHUM: bearish ▼

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/news/business-inputs/article/2022/08/31/usda-expects-ag-exports-set-record-5

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.