A Glorious Run In Ag

Just one more proof (not that we need it) of how good the past few years have been in U.S. agriculture overall:

In 2009-2013,  the value of U.S. ag exports totaled a whopping $230 billion more than in the previous five-year period, 2004-2008. U.S. Ag Secretary Tom Vilsack announced the figures Thursday.

Wow! What a glorious run! (It’s the first time in years that I’ve used an exclamation mark in anything I’ve writeen.)

Given the recent drop in commodity prices, it’s difficult for me to see to see how total exports during the next five years can measure up in dollar terms. Even if the quantity of exports doesn’t decline, their monetary value per pound or bushel or hundredweight almost certainly will be lower.

Hey, I hope I’m wrong. If you think I am and have good reasons to support your case, drop me a line.