USDA says ag exports for FY 2007 are expected to reach a record $77 billion, $8.3 billion higher than FY 2006. Canada, Mexico and Japan continue to be the top-three export markets for U.S. ag, with China expected to become the fourth-largest due to increased soybean sales. Exports of livestock products are expected to reach $14.2 billion. Ag imports are expected to reach a record $69 billion.
-- P. Scott Shearer, Washington, D.C., correspondent