Excerpts: What agricultural products had we best export? A short answer to the question is: we should export those agricultural products which, sold in foreign markets, will return more net profit than would substitute products sold on a domestic market basis. This is an economic axiom but it is often overlooked in discussing national agricultural problems. It is sometimes easier to formulate a general principle than to apply the principle to the problems that are presented to us. Definite measures of the profitableness of producing commodities for either the domestic or foreign market are lacking. Continually changing conditions make it difficult to forecast the profitableness of alternative products for foreign and domestic markets. Policies or plans must be formulated, however, upon the basis of available information and apparent tendencies. It is our purpose to consider present conditions and long-time tendencies with reference to the outlook for the production of and demand for the agricultural products of the United States in relation to exports.