US Agricultural Exports to China

choi

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(1) US welcomes the trend that China import more and more. The fact is US is the largest agricultural exporter*--though China remains the largest PRODUCER**--of the world. Whatever China wants, whereever it turns, China will find US produces are cheaper, more in quantity.

* Brazil Surpasses Canada and Is Now Third Largest Agricultural Exporter. O Estado De Sao Paulo, Mar 7, 2010.
http://shockedinvestor.blogspot.com/2010/03/brazil-surpasses-canada-and-is-now.html

** Agriculture
http://en.wikipedia.org/wiki/Agriculture
(Six countries - the US, Canada, France, Australia, Argentina and Thailand - supply 90% of grain exports. The United States controls almost half of world grain exports. Water deficits, which are already spurring heavy grain imports in numerous middle-sized countries, including Algeria, Iran, Egypt, and Mexico, may soon do the same in larger countries, such as China or India./ section 13 List of countries by agricultural output (in 2009; in US$): China > India> US > Brazil > Japan > Russia > Spain > France > Australia > Italy)

My comment: Except China, the top agricultural producers are also top agricultural exporters.  

(2) China is the best OPPORTUNITY for American farmers.

(a) China Emerges as the Second Largest U.S. Agricultural Export Market. Foreign Agricultural Service (FAS), US Department of Agriculture, Dec 20, 2010.
http://www.fas.usda.gov/China%20Import122010.pdf
("Total exports to China in FY 2010 hit $15.1 billion due primarily to record soybean shipments of $9.3 billion")

(b) Foreign Agricultural Trade of the United States (FATUS). Economic Research Service (ERS), US Department of Agriculture.
http://www.ers.usda.gov/Data/FATUS/
(In the "Data Set" teh third item is "Top 10 U.S. agricultural export markets for wheat, corn, soybeans, and cotton, by volume." Click 2011: for Jan.-Dec. 2010 by metric tons, Wheat: Taiwan 7th; Corn Taiwna 5th, China 7th; Soybeans China 1st, Taiwan 6th; Cotton China 1st, Taiwan 7th)

(c) BRIEFING ROOMS l  U.S. Agricultural Trade: Exports. ERS, USDA, undated.
http://www.ers.usda.gov/Briefing/AgTrade/exports.htm

Quote:

"Historically, bulk commodities—wheat, rice, coarse grains, oilseeds, cotton, and tobacco—accounted for most of U.S. agricultural exports. However, in the 1990s, U.S. exports of high-value products (HVP)—meats, poultry, live animals, oilseed meals, vegetable oils, fruits, vegetables, and beverages—showed steady growth, while exports of bulk commodities tended to fluctuate more widely, particularly in response to global supplies and prices.

"While grains and feeds are our leading export group, both oilseeds and products and animals and animal products are  the next largest export groups.

(d) Jerilyn Watson, US Farm Exports May Set Record in 2011. VOA, Dec 6, 2010.
http://www.voanews.com/learningenglish/home/US-Farm-Exports-Predicted-to-Set-Record-in-2011-111409059.html
("Agriculture Secretary Tom Vilsack points out that agriculture is one of the few major areas of the economy with a trade surplus [with 2010 estimated surplus of $23b]. * * * At the same time, farm exports are expected to break the all-time high set in two thousand eight")

(e) Agriculture: Agricultural Exports and Imports. US Census Bureau, undated.
http://www.census.gov/compendia/statab/cats/agriculture/agricultural_exports_and_imports.html
("Table 850 - Agricultural Exports-Value by Selected Countries of Destination: 1990-2009" shows (i) in 1990 US exported 1,663 to Taiwna and 818 to China but that (ii) in 2009 US exported 2,990 to Taiwan and 13,850 to China. Value(mil.dol).  Footnote 4 states, "China includes Macao, However, Hong Kong remains separately economically until 2050 and is not included.")

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choi

本文通过一路BBS站telnet客户端发布

(1) US welcomes the trend that China import more and more. The fact is US is the largest agricultural exporter*--though China remains the largest PRODUCER**--of the world. Whatever China wants, whereever it turns, China will find US produces are cheaper, more in quantity.

* Brazil Surpasses Canada and Is Now Third Largest Agricultural Exporter. O Estado De Sao Paulo, Mar 7, 2010.
http://shockedinvestor.blogspot.com/2010/03/brazil-surpasses-canada-and-is-now.html

** Agriculture
http://en.wikipedia.org/wiki/Agriculture
(Six countries - the US, Canada, France, Australia, Argentina and Thailand - supply 90% of grain exports. The United States controls almost half of world grain exports. Water deficits, which are already spurring heavy grain imports in numerous middle-sized countries, including Algeria, Iran, Egypt, and Mexico, may soon do the same in larger countries, such as China or India./ section 13 List of countries by agricultural output (in 2009; in US$): China > India> US > Brazil > Japan > Russia > Spain > France > Australia > Italy)

My comment: Except China, the top agricultural producers are also top agricultural exporters.  

(2) China is the best OPPORTUNITY for American farmers.

(a) China Emerges as the Second Largest U.S. Agricultural Export Market. Foreign Agricultural Service (FAS), US Department of Agriculture, Dec 20, 2010.
http://www.fas.usda.gov/China%20Import122010.pdf
("Total exports to China in FY 2010 hit $15.1 billion due primarily to record soybean shipments of $9.3 billion")

(b) Foreign Agricultural Trade of the United States (FATUS). Economic Research Service (ERS), US Department of Agriculture.
http://www.ers.usda.gov/Data/FATUS/
(In the "Data Set" teh third item is "Top 10 U.S. agricultural export markets for wheat, corn, soybeans, and cotton, by volume." Click 2011: for Jan.-Dec. 2010 by metric tons, Wheat: Taiwan 7th; Corn Taiwna 5th, China 7th; Soybeans China 1st, Taiwan 6th; Cotton China 1st, Taiwan 7th)

(c) BRIEFING ROOMS l  U.S. Agricultural Trade: Exports. ERS, USDA, undated.
http://www.ers.usda.gov/Briefing/AgTrade/exports.htm

Quote:

"Historically, bulk commodities—wheat, rice, coarse grains, oilseeds, cotton, and tobacco—accounted for most of U.S. agricultural exports. However, in the 1990s, U.S. exports of high-value products (HVP)—meats, poultry, live animals, oilseed meals, vegetable oils, fruits, vegetables, and beverages—showed steady growth, while exports of bulk commodities tended to fluctuate more widely, particularly in response to global supplies and prices.

"While grains and feeds are our leading export group, both oilseeds and products and animals and animal products are  the next largest export groups.

(d) Jerilyn Watson, US Farm Exports May Set Record in 2011. VOA, Dec 6, 2010.
http://www.voanews.com/learningenglish/home/US-Farm-Exports-Predicted-to-Set-Record-in-2011-111409059.html
("Agriculture Secretary Tom Vilsack points out that agriculture is one of the few major areas of the economy with a trade surplus [with 2010 estimated surplus of $23b]. * * * At the same time, farm exports are expected to break the all-time high set in two thousand eight")

(e) Agriculture: Agricultural Exports and Imports. US Census Bureau, undated.
http://www.census.gov/compendia/statab/cats/agriculture/agricultural_exports_and_imports.html
("Table 850 - Agricultural Exports-Value by Selected Countries of Destination: 1990-2009" shows (i) in 1990 US exported 1,663 to Taiwna and 818 to China but that (ii) in 2009 US exported 2,990 to Taiwan and 13,850 to China. Value(mil.dol).  Footnote 4 states, "China includes Macao, However, Hong Kong remains separately economically until 2050 and is not included.")

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