World Food Trade and U.S. Agriculture, 1960-1989. Changing the Rules of Trade(Tenth Annual Edition)

摘要

Despite a tightening world grain supply situation, global grain use and tradecontinued slight upward trends in 1989-90. The U.S. share of trade in world coarse grain, soybean, and some livestock products increased in response to increased foreign demand, continued low foreign feed grain production, and reduced barriers to meat imports in some Pacific Rim nations. However, U.S. shares of world wheat and soybean meal exports declined due to increased foreign competition. World grain stocks dropped slightly below minimum levels considered desirable for world food security, and are expected to be at the lowest levels since the early 1970s as a percent of annual use. Stocks are tightest for coarse grains, with world trade, consumption, and prices potentially quite sensitive to weather through 1992.