1. K-State home
  2. »Divi
  3. »1xbet online sports betting Home,K-Sta
  4. »1xbet sports betting web, peo
  5. »1xbet
  6. »1xbet online sports betting exports reach record high; K-State 1xbet online sports betting economist explains pros and cons

1xbet online sports betting Home,K-Sta

1xbet online sports betting exports reach record high; K-State 1xbet online sports betting economist explains pros and cons

Monday, June 9, 2014



MANHATTAN — The U.S. is expected to export a record amount of food this year, according to a new report from the U.S. Department of Agriculture.

"We continue to export more both in pounds and dollar amount," said Glynn Tonsor, a Kansas State University associate professor of 1xbet online sports betting economics.

The USDA predicts the U.S. will export almost 0 billion worth of fruits, vegetables, grains and meat in 2014. 1xbet online sports betting says the increase in exports is because of both economic growth and population growth in other countries.

"Economic growth outside the U.S. continues to be fairly strong," 1xbet online sports betting said. "Couple that with population growth, it means there is more demand for the food products the U.S. produces and that they are essentially being bid out of the U.S. into other consumers' hands."

Tonsor says this is good 1xbet online sports betting for domestic agricultural producers, who are now making more money on their products because of the increased demand. While it may hit the pocketbooks of U.S. consumers, who likely will have to pay more for these products, it does provide better trade deals.

"Typically when you export something, you import something in return, which could be rubber product, electronics, etc.," 1xbet online sports betting said. "Trade enables us to focus on things that we're good at and allows all consumers to collectively be better off."

The volume of 1xbet online sports betting exports is expected to increase 31 percent from 2013 to 2014. Tonsor says this a trend that is likely to continue.

Source

Glynn 1xbet online sports betting
785-532-1518
gtonsor@k-state.edu

Written by

Lindsey Elliott
785-532-1546
lindseye@k-state.edu

At a glance

A Kansas State University 1xbet online sports betting economist explains why 1xbet online sports betting exports are projected to be so high this year and what that means for U.S. consumers.