US Export Prices Rise More than Expected
US export prices increased 0.6% month-over-month in August 2026, exceeding market expectations for a 0.5% rise and rebounding from a revised 1.4% decline in July. The increase was broad-based, with both agricultural and nonagricultural export prices advancing. Agricultural export prices rose 0.5% after a 0.4% gain in July, extending a period of monthly increases that ...
US export prices surged 0.6% in August 2026, surpassing forecasts for a 0.5% increase and marking a turnaround from a revised 1.4% drop in July. The rise was widespread, encompassing both agricultural and nonagricultural export prices. Agricultural export prices climbed 0.5% after gaining 0.4% the prior month, continuing a streak of monthly gains that started in January.
Stronger prices for corn and animal feeds more than compensated for falling meat prices. Nonagricultural export prices surged 0.7%, reversing declines of 1.6% in July and 0.8% in June, buoyed by higher industrial supplies, materials, capital goods, and automotive vehicles, parts, and engines. In total, US export prices rose 8.6% over the preceding 12 months, underscoring persistent upward pressure on prices of goods sold abroad, despite the sharp monthly decline in July. Data source: Trading Economics.
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