In 2006, USDA economists are predicting healthy increases.
-The total value of all feed grains are forecast to grow by 13 percent.
-Livestock, poultry and dairy exports are slated to rise by slightly more than 8 percent.
-and exports of horticultural products, like fruits, vegetables, and tree nuts, are expected to climb by 12 percent.
The expansion is being credited to, among other things, growth in the overall global economy. Gross domestic product for the planet is expected to grow at 3.9 percent in 2006 and slow to 3.2 percent in 2007.
Bright spots in the report included the return of beef exports to Japan, a dramatic increase in horticultural shipments to Canada and Mexico, and rapid gains in China due to strong sales of cotton, soybeans, and hides and skins.
Unfortunately, the ever shrinking gap between imports and exports is predicted to continue. The largest margin ever recorded was just over $27 billion back in 1996 but the surplus has declined ever since. In 2005, the difference had shrunk to a mere $4.8 billion and 2006 estimates show the margin at an even slimmer $3.5 billion. Even though the prediction is somewhat bleak, USDA economists are expecting the gap to remain at $3.5 billion into 2007.