LINCOLN, Neb. — 2022 turned out to be another record year for U.S. agricultural trade, with both export and import values reaching new peaks. Just over $196 billion of agricultural goods were sold overseas, beating 2021 by 11 percent. It was the second consecutive year of double-digit growth. However, imports grew more rapidly, climbing 16 percent and reaching $198 billion. Nebraska Farm Bureau Economist Austin Harthoorn breaks down the numbers and what they mean for farmers and ranchers.
— Nebraska Farm Bureau