The current slowdown in grain travel is not stopping U.S. ag exports from contributing significantly to the economy. According to recent data from USDA’s Research Arm, for every $1 of U.S. ag exports, more than $2 of domestic economic activity was generated in 2022, totaling $412 billion. The value of U.S. ag exports also reached $197.4 billion during this period.
In addition to the economic impact, ag exports play a key role in drawing demand for transportation services, packing materials, and creating employment opportunities. These exports help support various sectors of the economy and contribute to its overall growth and stability. Despite the challenges in grain travel, the agriculture industry remains a strong pillar of the U.S. economy.