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Abstract
This report describes changes in U.S. agricultural exports from 1980/81 to 1982/83 and assigns some order of direction and magnitude to the principal sources of change in three major U.S. farm commodity exports: wheat, coarse grains, and soybeans. Factors studied include: exchange rates, ocean freight rates, foreign economic growth, foreign production, foreign indebtedness, population growth, and policy factors. Some factors--declining ocean freight rates, economic growth, and population growth--stimulated U.S. farm exports. Other factors, such as foreign production of some commodities, foreign indebtedness, the stronger dollar, and certain policy actions had negative impacts on the direction and magnitude of U.S. trade in farm products.