The value of U.S. agricultural exports in fiscal year 2025 is expected to drop to the lowest level in five years. USDA says shipments this year are projected to be valued at $170.5 billion, up from the $170 billion in the November 2024 outlook. That would still be the lowest level since 2020. Corn exports will total $13.8 billion, up from the prior forecast of $12.4 billion. Soybean shipments will reach $21.2 billion, down from the previous forecast of $22.6 billion and well below the value of last year’s shipments.