Our major trade partners are in the middle of a population decline, a USDA study shows

New numbers show some of our largest export destinations are in the middle of a population decline.

Data from USDA shows major trade partners, like Japan, are on the list. There, population growth has been at zero, with a decline since 2009. Between 1990 and 2003, Japan was the top ag export destination by volume.

China is also in the same situation as they are expected to have negative population growth in less than 10 years.

Related Stories
RealAg Radio host Shaun Haney explains how conflict in the Middle East is affecting spring planting as farmers navigate the evolving situation.
NCGA Chief Economist Krista Swanson discusses the evolving role of ethanol in the current energy crisis, opportunities for expanding corn discusses the evolving role of ethanol in the current marketdemand, and the industry’s outlook moving forward.
Energy risks could reshape global ag trade flows.
The ag trade deficit is narrowing, but export competition remains strong.
Agricultural groups warn that the deal could limit competition and raise transportation costs for farmers
The Trump Administration’s new rule limiting CDL renewals for immigrant truckers is seeing mixed reactions in agriculture. While some support the change, it is raising concerns about higher freight costs and impacts on U.S. grain export competitiveness.

LATEST STORIES BY THIS AUTHOR:

Mike Formica with the National Pork Producers Council joined us on Market Day Report with his reaction to the EPA’s rollback of a Biden-era wastewater discharge mitigation plan.
Farmers are struggling with low commodity prices and skyrocketing input costs, resulting in debt that is outpacing income across the sector, according to the USDA’s new farm income forecast.
FarmHER + RanchHER host Kirbe Schnoor joined us on Market Day Report to talk about the show’s seventh season, which premieres Thursday night only on RFD-TV!