USDA: Fresh Produce Trade Deficit To Increase Greatly By 2021

Sunday, February 26th, 2012

The U.S. Department of Agriculture is predicting slighty higher per consumption of fruits, vegetables and nuts during the next 10 years.

Although the pace of imports is expected to slow somewhat, the USDA said the 2011 U.S. trade deficit of $6.2 billion in fresh produce will swell to $10.7 billion in 2021.

In a report on agricultural projections to 2021 - released at the start of the Feb. 23-24 USDA Agricultural Outlook Forum - the USDA said that per capita use of fruits and tree nuts will increase at annual average growth rate of 0.2% during the next 10 years, while per capita use of vegetables will increase at an annual growth rate of 0.5% through 2021.

Read More: ThePacker.com

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