The U.S. Department of Agriculture (USDA) recently released a trade forecast showing the farm trade gap narrowing significantly during fiscal year (FY) 2026. The forecast shows the agricultural trade deficit falling from $43.7 billion in FY2025 to a projected $29 billion in FY2026, an improvement from last year’s level and the $37 billion that was projected in December 2025.Under Secretary of Agriculture for Trade and Foreign Agricultural Affairs Luke Lindberg told Fox News Digital that while the gap tightening was a step in the right direction, the USDA is still working to get back to a surpl...

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