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Abstract
No one can exactly anticipate future changes in demand, technology,
production, and prices of farm products. Yet farmers, legislators,
and administrators are forced to make decisions each day that have
impacts extending well into the future. They look to the economist
and statistician to appraise current and prospective trends in
agriculture as guides in decision-making in a free economy. Projections
in this article roughly sketch some trends and developments
considered likely in agriculture during the next 10 or 15 years.
They are not precise estimates nor are they plans based on specific
program assumptions. The appraisal points out likely demand changes
and probable growth in the output potential of U.S. agriculture.