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Key Agricultural Trade Partners Are Important for U.S. Farm Sector Revenues and Food Prices

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Abstract

The U.S. agricultural sector is especially vulnerable to fluctuations in trade with Mexico, Canada, and China. Several major commodities and staple consumer food products rely heavily on exports to and imports from these countries. Major changes to these key trade relationships could lead to reduced farm sector revenues and higher food prices for consumers.

Suggested Citation

  • Ty Kreitman, 2025. "Key Agricultural Trade Partners Are Important for U.S. Farm Sector Revenues and Food Prices," Economic Bulletin, Federal Reserve Bank of Kansas City, pages 1-4, April.
  • Handle: RePEc:fip:fedkeb:99798
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