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Veteran Advisor
Posts: 4,847
Registered: ‎05-13-2010

October Imports at Record $48.7 BILLION

So far this year the USA is running a trade deficit of  '' $462.9 Billion '' Jan.- Oct. ---

 

Weaker October  $  kept Exports steady at $195.9 Billion   vs. Imports at  $244.6 Billion  having a  $48.7 B. shortfall in October ---

 

So if we exported 1/2 of 2017 production corn, beans & wheat of the big 3, the deficient would not be erased for 1 month ?  

 

Interesting position, I guess inflation being the only short term mini-salvation ?