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USDA Trade Chief Says Ag Trade Deficit Falls From $50 Billion to $29 Billion

  • Writer: ZISK APP
    ZISK APP
  • Jul 6
  • 1 min read

USDA Undersecretary for Trade and Foreign Agricultural Affairs Luke Lindberg says the U.S. agricultural trade picture is improving, pointing to a drop in the forecast ag trade deficit from about $50 billion to $29 billion.


Lindberg says USDA now forecasts the deficit to fall 42% from where it started, with fiscal-year performance running even ahead of that pace.


“Since October 1, this government fiscal year, we’re actually down 61% over last year,” he says.


Trade Strategy

Lindberg credits the improvement to President Trump’s trade deals and USDA’s effort to convert new market access into actual export sales.

By Margy Eckelkamp

July 02, 2026 09:46 AM

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