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The Agricultural Situation in the Western Hemisphere: Review of 1970 and Outlook for 1971

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  • Western Hemisphere Branch, Foreign Regional Analysis Division, Economic Research Service

Abstract

Canada's agricultural production fell in 1970 due to a sharp cut in wheat acreage. A strong recovery in grain and oilseed exports cut back burdensome stocks, improving Canada 's agricultural outlook. Latin American production exceeded the 1969 record as a 3 percent rise in per capita food output more than offset sharp cuts in coffee and cotton. Exports of feedgrains and bananas were near record and, except cotton and meat, trade values for other commodities were high. U.S. agricultural exports to the Hemisphere hit an all-time high in 1970, but may decline in 1970 due to growing trade competition and increased Latin American production.

Suggested Citation

  • Western Hemisphere Branch, Foreign Regional Analysis Division, Economic Research Service, 1971. "The Agricultural Situation in the Western Hemisphere: Review of 1970 and Outlook for 1971," Miscellaneous Publications 316542, United States Department of Agriculture, Economic Research Service.
    • Handle: RePEc:ags:uersmp:316542
    DOI: 10.22004/ag.econ.316542
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