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Foreign Agricultural Trade of the United States, January/February 1985

Author

Listed:
  • Warden, Thomas A.

Abstract

U.S. agricultural export values rose 5 percent in calendar year 1984 to $37.8 billion, the first increase since 1981. U. S. agricultural imports in 1984 jumped to a record $19.3 billion, up $2.8 billion. from 1983. High U.S. interest rates and rapid economic growth helped strengthen the dollar in 1984. Agricultural exports under U.S. Government financed programs totaled $1.26 billion in fiscal year (FY) 1984 (October 1983-September 1984), 4 percent below 1983'8 record and 3 percent below 1983's record and 3 percent of all U.S. agricultural exports in FY 1984. U.S. agricultural exports to Sub-Saharan Africa are forecast to dip to $1.24 billion during FY 1985, about 6 percent below FY 1984's record $1.33 billion. Commodity Credit Corporation. guarantees will boost U.S. agricultural exports to the Middle East and North Africa in FY 1985.

Suggested Citation

  • Warden, Thomas A., 1985. "Foreign Agricultural Trade of the United States, January/February 1985," Foreign Agricultural Trade of the United States (FATUS) 153763, United States Department of Agriculture, Economic Research Service.
    • Handle: RePEc:ags:uersft:153763
    DOI: 10.22004/ag.econ.153763
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