Virginia farmers may soon have another option for exporting their products, Gov. Glenn Youngkin told attendees at the 16th annual Virginia Agricultural Trade Conference on April 22.
The event brings policymakers, agriculture and forestry businesses, international dignitaries, academic leaders and college students together to highlight the vital role of agriculture and forestry in Virginia’s international trade landscape.
At the conference, Youngkin said an agreement had been reached that morning in which India will double its trade relationship with the U.S. “India has been mostly closed to Virginia and U.S. (agriculture) exports, so this is a great opportunity for Virginia to expand its export business.”
That comes as welcome news since U.S. Department of Agriculture chief economist Seth Meyer said the outlook for agricultural cash crops is “not looking favorable.”
Prices have “moved modestly lower over the last year and remain soft” for corn, soybeans, hay and wheat, Meyer noted duri...