FX.co ★ US Export Prices Post First Monthly Decline in Over a Year

US export prices declined 0.6% month-over-month in June 2026, undoing a downwardly revised 1.2% increase in May and overshooting market expectations for a 0.4% drop. This was the first monthly decrease since May 2025. The overall decline was driven by a 0.7% fall in nonagricultural export prices, as lower prices for industrial supplies and materials more than offset increases in capital goods, consumer goods, and automotive products. In contrast, agricultural export prices rose 0.2%, marking a sixth consecutive monthly gain, supported by higher prices for other foods, food preparations, and nuts, which more than compensated for lower soybean and corn prices. On a year-over-year basis, US export prices were up 10.2% in June.