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Abstract

U.S. farm exports remained sluggish during the first 9 months of fiscal year. 1983, 16 percent below those of a year earlier. U.S. imports of agricultural products during October-June 1982/83 rose 6 percent above similar months the previous year to $12.4 billion. Appreciation of the U.S. dollar against other major currencies continued in August, primarily because of relatively high interest rates payable on dollar deposits. Four Asian countries currently import more than $1 billion in U. S. farm products annually) and rank among the top 10 world markets.

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