by Congress of the United States, Congressional Budget Office in Washington, D.C. (Second and D Streets, S.W. Washington D.C., 20515) .
Written in English
|Series||A Special study / Congress of the United States, Congressional Budget Office, Special study (United States. Congressional Budget Office)|
|Contributions||United States. Congressional Budget Office.|
|LC Classifications||HD9018.D44 A368 1989|
|The Physical Object|
|Pagination||xxvii, 78 p. :|
|Number of Pages||78|
|LC Control Number||89602486|
U.S. agricultural exports have rebounded sharply from the downturn during the global financial crisis, setting new records for the past four years and reaching an all-time high of $ billion in With over a third of. U.S. farm cash receipts tied to. exports, agriculture’s strong trade performance has provided support. The U.S. reports domestic agricultural support to the WTO in annual notifications. The U.S. also annually provides the Organization of Economic Cooperation and Development (OECD) with data and reports on policy developments related to the U.S. agriculture sector. From to , U.S. agricultural exports to China fell more than 50 percent, dropping to $ billion In , U.S. agricultural exports to China exceeded $24 billion. Effect on U. S. Farm Exports The tremendous agricultural expansion in Turkey between and led to the conviction that this country had be- come and would continue to be a large exporter of wheat, barley, and cotton- -in addition to its traditional exports of oriental tobacco, dried fruits, nuts, and some animal prod- ucts.
Agricultural Trade Multipliers provide annual estimates of employment and output effects of trade in farm and food products on the U.S. economy. Farm Income and Wealth Statistics. Forecasts and estimates of farm sector income with component accounts: for the United States, F; and for States, Updated February 5, The progress in agricultural sector provides surplus for increasing the exports of agricultural products. In the earlier stages of development, an increase in the exports earning is more desirable because of the greater strains on the foreign exchange situation needed for the financing of imports of basic and essential capital goods. Secretary Vilsack arrives in China this weekend. Over the past decade, the United States' agricultural exports to China have risen sharply, propelling China into its position as the fastest-growing and highest-value export destination for U.S. farm and food products. In , China surpassed Canada to become the top U.S. market and it has since retained that position. Last week, the Federal Reserve Board released its January Beige Book update, a summary of commentary on current economic conditions by Federal Reserve report included several observations pertaining to the U.S. agricultural economy.. Fed Districts (“The Beige Book.”) * Fifth District- Richmond– “Agriculture contacts were mostly positive because of good crop yields and.
Progress 10/01/00 to 09/30/01 Outputs Research concentrated on three areas related to world market structure and U.S. agricultural exports. One area was the impact of the changing market structure in U.S. livestock industries on trade policy instrument choice. The original GATT did apply to agricultural trade, but it contained loopholes. For example, it allowed countries to use some non-tariff measures such as import quotas, and to subsidize. Agricultural trade became highly distorted, especially with the use of export subsidies which would not normally have been allowed for industrial products. The Uruguay Round produced the first multilateral. Non Technical Summary The value of U.S. agricultural exports to the rest of the world now represents 90 billion, or almost one-third of gross farm receipts. According to the USDA's Economic Research Service, every dollar of exports creates an additional $ in supporting activities to process, package, finance and ship agricultural products. WASHINGTON: American agricultural products have experienced a whopping per cent growth in its exports to India in the last decade, a senior US official has said. US Department of Agriculture Under Secretary for Trade and Foreign Agricultural Affairs Ted McKinney made the remarks ahead of his five-day visit to India starting Monday. "US agricultural exports to India have grown nearly .