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FATUS (Foreign Agricultural Trade of the United States), January/February 1986

Author

Listed:
  • Warden, Tom

Abstract

U.S. farm product exports dropped a record amount in value and volume in calendar year 1985 to their lowest levels in nearly. a decade. Volume dropped 28 million tons to 118.7 million' tons. U.S. farm imports rose $640 million in value in 1985 to $20 billion~ despite declines in some products. Imports from developing countries accounted for $11. 6 billion compared with $7.9 billion from deve1opE1 countries. The U.S. dollar fell about 20 percent in 1985 from its February peak against major currencies. The decline may slow its pace in 1986 because of more limited foreign government cooperative with the United States to lower the dollar further. Concessiona1 farm exports under U.S. Government-financed programs rose to nearly 7.7.mi11ion tons in fiscal year (FY) 1985 (October 1984-September 1985), about 25 percent over FY 1984 levels. Value increased about 30 percent to almost $1.7 billion. Sub-Saharan Africa was the only region in Africa and the Middle East in which ; U. S. Farm- exports increased in 1985•. Exports to the region rose about 40 percent from 1984 levels 5 primarily as food aid to drought-stricken countries. The United States, France, and the Netherlands remained the top three ' agricultural exporters during 1979-1984~ Brazil moved from fifth to fourth place in 1984 due to sharply increased coffee export values.

Suggested Citation

  • Warden, Tom, 1986. "FATUS (Foreign Agricultural Trade of the United States), January/February 1986," Foreign Agricultural Trade of the United States (FATUS) 157536, United States Department of Agriculture, Economic Research Service.
    • Handle: RePEc:ags:uersft:157536
    DOI: 10.22004/ag.econ.157536
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