The US Has Never Imported So Much Food

· Bloomberg ·

1 min read Original article ↗

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The US, known for being a global agriculture powerhouse, has never imported so much food.

Inbound shipments of everything from avocados to coffee and sugar are expected to drive the country’s agriculture trade deficit to a record $49 billion this year, the US Department of Agriculture said in its trade outlook report. Bloomberg TerminalAt the same time, America’s most widely grown crops have been losing overseas markets over the past decades.