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"Continued strong world economic growth and resulting increases in global imports &amp;quot;will push the projected value of U.S. agricultural exports up US$ 1 billion to US$ 51.5 billion in fiscal 2001,&amp;quot; according to a report by the USDA&amp;#39;s Economic Research Service, published on August 30, 2000. The report maintains that increases are forecast for cotton and horticultural products while prices, particularly for bulk commodities, &amp;quot;are expected to remain relatively low&amp;#39; limiting gains in export value.&amp;quot;USDA said that most of the gain in export value will result from anticipated larger export volume. The expected 2001 bulk export volume is up 9.5 million tonnes from a year earlier, to 121.9 million tonnes, the largest since fiscal 1995.. Corn accounts for two-thirds of the projected total gain, with a strong increase also forecast for wheat.The projected continued increase in U.S. agricultural imports in fiscal 2001 is a modest gain to US$ 39.5 billion. &amp;quot;This reflects slower projected 2001 growth of the U.S. economy and higher domestic supplies of many commodities, while the strong dollar will help hold import values down,&amp;quot; USDA noted. It added that most of the import growth is attributed to the major horticultural products - fruits, vegetables, and wine and malt beverages.With exports expected to rise faster than imports for the first time since 1996, the agricultural trade surplus is forecast up."^^<http://www.w3.org/2001/XMLSchema#string>
<http://www.just-food.com/news/us515bn-in-us-agricultural-exports-forecast-for-2001_id89763.aspx>