@article{Warden:153871,
      recid = {153871},
      author = {Warden, Tom},
      title = {FATUS Foreign Agricultural Trade of the United States  March/April 1986},
      address = {1986-05},
      number = {1484-2016-122015},
      series = {NTIS},
      pages = {151},
      year = {1986},
      abstract = {U.S. agricultural exports dropped to $12.8 billion in the  first 5 months of fiscal
year (FY) 1986 (Oct. 1985-Feb.  1986), 20 percent below exports in the same period of
1985.  U.S. agricultural imports rose to $8.6 billion_in the first  5 months of FY
1986, up 6 percent over levels in. the same  period of 1985. The U.S. dollar continued
its decline from  February 1985 into the early months of calendar year 1986  as longterm
interest rates fell. California replaced  perennial leaders Iowa and Illinois as
the top U.S.  agricultural export State in FY 1985 (Oct. 1984-Sept.  1985). The export
share of U.S. farm production fell in FY  1985 to 17 percent, its lowest level in 13
years. The costs  of commercial shipping services, which transport most  agricultural
exports, influence exporters' profits and add  15-30 percent to the prices of exported
products. The  primary farm importers, except for recnet entrant Saudi  Arabia, remained
the same from 1976 through the period  1980-1984, although their ranking changed
slightly. The  United States became a net importer of Canadian farm  products for the
first time when U.S. agricultural exports  f·ell 17 percent in 1985.},
      url = {http://ageconsearch.umn.edu/record/153871},
      doi = {https://doi.org/10.22004/ag.econ.153871},
}