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Increased Dollar Exports in Fiscal Year 1965-66 Bring U.S. Exports of Farm Products to Record Level for Third Consecutive Year

Author

Listed:
  • DeBlois, Eleanor N.

Abstract

Excerpts from the report: U.S. agricultural exports rose nearly $600 million to a record $6,681 million in July-June 1965-66. U.S. exports of farm products averaged $3,8 billion in the five-year period, 1954-55 through 1958-59. During the next five years (1959-60 -- 1963-64), they averaged $5.2 billion, with a high of $6.1 billion in 1963-64. Exports in 1964-65 remained at substantially the same level. The 10 percent rise in 1965-66 brought them close to a $7 billion total. The continued high level of economic activity in the leading industrialized countries, with consequent increases in disposable incomes, has led to a strong demand for a number of U.S. farm products, notably feed grains and soybeans and products, in recent years. Exports for dollars advanced $662 million to $5,066 million in 1965-66 while shipments under Government-financed programs fell $78 million to $1,615 million from a year earlier. A rise of $373 million in shipments of feed grains contributed most to the rise in dollar exports. Dollar exports of wheat and flour rose $210 million and oilseeds and products advanced $125 million. Major declines took place in dollar shipments of cotton, tobacco, and dairy products.

Suggested Citation

  • DeBlois, Eleanor N., 1966. "Increased Dollar Exports in Fiscal Year 1965-66 Bring U.S. Exports of Farm Products to Record Level for Third Consecutive Year," Miscellaneous Publications 319896, United States Department of Agriculture, Economic Research Service.
    • Handle: RePEc:ags:uersmp:319896
    DOI: 10.22004/ag.econ.319896
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    File URL: https://ageconsearch.umn.edu/record/319896/files/ERSforeign177.pdf
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    Cited by:

    1. Friend, Reed E., 1971. "Use of Wheat for Feed in the European Economic Community, with Projections to 1975," Foreign Agricultural Economic Report (FAER) 145567, United States Department of Agriculture, Economic Research Service.

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