Wednesday, January 6, 2010

U.S. Agricultural Trade

Agricultural trade throughout the world is changing. Keeping up with fluctuations in markets, new and amended regulations, and issues that affect trade is challenging. Technology and fewer trade restrictions have opened international markets for both buyers and sellers.

U.S. agricultural trade programs are designed to develop and expand commercial outlets for U.S. commodities and to provide international food assistance. Farmers in the United States produce more with the same or even fewer resources than 50 years ago. American farmers must look to foreign markets because production and production capacity is increasing faster than domestic demand.

Trade provides U.S. consumers with access to a wider variety of foods at reasonable prices, including those not produced domestically. Trade brings tropical fruits, coffee, and exotic cheeses to American consumers. Imports make fresh fruits and vegetables, such as asparagus and grapes, available at affordable prices during winter months. U.S. food processors rely on global markets for many food ingredients, such as cocoa (combined with domestic sugar and dairy products) for chocolate.

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