date:Jan 17, 2014
U.S. import prices remained flat in December, while export prices rose slightly, the U.S. Bureau of Labor Statistics reported Tuesday.
Export prices rose 0.4 percent in December due, in part, to a 4.5 percent increase in soybean prices. The Bureau of Labor Statistics did note in its release that wheat and vegetable export prices were down slightly in December.
Joel Naroff, president and founder of Holland, Penn.-based Naroff Economic Advisors Inc., expressed cautious optimism about the export