Agricultural Situation in the Western Hemisphere: Review of 1974 and Outlook for 1975

摘要

Western Hemisphere agricultural production rose nearly 3.5 percent above the 1973 record. Production declined 7 percent in Canada, increased 8 percent in South America, and showed little or no change in the Caribbean, Central America, and Mexico. Continued high volume and record high prices for many commodities contributed to a new record in value of agricultural trade. U.S. agricultural exports to Hemisphere countries rose from the $2.7 billion record to $3.8 billion in 1974.