# Outlook for U.S. Agricultural Trade: November 2018 | Economic Research Service

> USDA's November 2018 quarterly trade outlook forecasts U.S. agricultural exports falling $3.0 billion to $141.5 billion, with imports at $127.0 billion. The reduction is tied to lower sales to China.

- Date: 2018-11-29 · published 2018-11-29T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/61931-outlook-for-u-s-agricultural-trade-november-2018-economic-research-service
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

A lower export forecast signals weaker demand for U.S. grains and oilseeds and a larger domestic surplus, which is bearish for prices.

## Read by commodity

- SOY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2019-09-03 | [Long-Term U.S. Agricultural Outlook Affected Broadly by Uncertainty of China’s Markets \| Economic Research Service](https://feedsoft.ai/events/56957-long-term-u-s-agricultural-outlook-affected-broadly-by-uncertainty-of-china-s.md) | -1.4% | +5.7% |
| SOY | 2026-06-16 | [Soybeans and Oil Crops - Market Outlook \| Economic Research Service](https://feedsoft.ai/events/18823-soybeans-and-oil-crops-market-outlook-economic-research-service.md) | -0.2% | +7.4% |
| SOY | 2023-02-09 | [Declining Crop Prices, Rising Production and Exports Highlight U.S. Agricultural Projections to 2032 \| Economic Research Service](https://feedsoft.ai/events/13299-declining-crop-prices-rising-production-and-exports-highlight-u-s-agricultural.md) | +0.4% | +0.0% |
| SOY | 2022-02-07 | [Farm Prices for U.S. Major Field Crops Projected To Decline \| Economic Research Service](https://feedsoft.ai/events/14958-farm-prices-for-u-s-major-field-crops-projected-to-decline-economic-research.md) | +1.9% | +7.8% |
| SOY | 2019-12-18 | [U.S. Farm Income Outlook: November 2019 Forecast](https://feedsoft.ai/events/55428-u-s-farm-income-outlook-november-2019-forecast.md) | +0.8% | -0.5% |

## Sources

- ers.usda.gov: https://www.ers.usda.gov/publications/pub-details?pubid=90901

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