USDA Projects Major Drop in U.S. Farm Trade Deficit Over Next Two Years

Saturday, February 28, 2026 at 7:47 PM

Federal agriculture officials are predicting a significant improvement in America's farm trade balance. The USDA expects the agricultural trade deficit to shrink by more than $14 billion between 2025 and 2026.

Federal agriculture officials are projecting a substantial improvement in the nation’s farm trade balance over the next two fiscal years, with new data released Friday showing optimistic forecasts.

The U.S. Department of Agriculture now expects America’s agricultural trade deficit to drop significantly from $43.7 billion in the 2025 fiscal year down to $29 billion by fiscal year 2026. This represents a reduction of more than $14 billion in the trade gap.

The improved outlook is attributed to expectations of reduced agricultural imports coming into the United States during this period.

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USDA Projects Major Drop in U.S. Farm Trade Deficit Over Next Two Years

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