Rice still big in Arkansas
LITTLE ROCK, Ark. (KAIT) – The state of Arkansas is the number one rice export to the United States, with exports accounting for nearly a quarter of the state’s nearly $ 3 billion in agricultural exports for 2019.
According to content partner Talk Business & Politics, the state exported $ 722 million worth of rice.
The state was also fifth in the country for cotton exports, with $ 427.3 million, while there was $ 679.3 million for soybean exports (11th in the country).
The figures were based on a report from the US Department of Agriculture’s State Agricultural Trade database.
Scott Stiles, an extension economist in the Agriculture Systems Division at the University of Arkansas, told Talk Business & Politics that trade issues, including a trade war between the United States and China, have played a role. role in the drop in exports in recent years.
âThis brought the value of crop exports down to $ 2.4 billion in 2018 and 2019,â Stiles said. âWhen we look at trends in export values, we need to think about the stories and events unfolding with our major trading partners. China has long been the primary export market for our soybeans and cotton. This year they are the number one export market for our corn and other feed grains.
Officials said feed grains accounted for about $ 73 million of exports, while corn brought in about $ 71 million.
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