In July, as the Sino-US trade war intensifies, US agricultural products experienced the largest export price decrease in 6 years. Since the price of soybeans decreased by 14.1%, the overall export price of US agricultural products in July dropped by 5.3% in comparison with the previous month. This is the largest export price decrease since October 2011. The export prices of US corn, wheat, fruit, and nuts also showed a decrease in July. The overall export price index dropped by 0.5%, which is the largest decrease since May last year.
Source: Department of Commerce
