Sentences with phrase «domestic consumption outpacing»
Continuing the trend of domestic consumption outpacing production, the USDA's Beijing bureau forecasts a 3 million tonne increase in soybean imports in China, up from a record 97 million tonnes this current season.
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The U.S. Energy Information Administration's Howard Gruenspecht said U.S. natural gas production is expected to outpace domestic consumption and that the U.S. could become a net exporter by 2040.