The Current Food Situation and The Outlook for 1982

Paul Westcott (pcwestcott@gmail.com) and R. McFall Lamm

Food Review/ National Food Review, 1982, vol. NFR 17, issue 01

Abstract: A number of important developments in the last two years affected the food and agricultural sector and will continue to have important implications for food prices, consumption, and consumer expenditures in 1982. The drought-reduced harvest of 1980 was followed by a record grain crop in 1981; the 1980 restrictions on crop exports to the Soviet Union were followed by larger Soviet imports last year; and following several years of declining production, the cattle cycle "bottomed out" in 1980 and beef production has been increasing. Declines in Gross National Product made 1980 and 1981 recession years; a January 1981 freeze in Florida pushed up domestic prices for fruits and vegetables; a turn-around in world sugar production caused a drastic fall in raw sugar prices last year; scheduled April dairy price support increases were eliminated; and a new farm bill evolved.

Keywords: Food; Consumption/Nutrition/Food; Safety (search for similar items in EconPapers)
Date: 1982
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://ageconsearch.umn.edu/record/280828/files/Westcott.pdf (application/pdf)

Related works:
Working Paper: The current food situation and the outlook for 1982 (1981)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:uersfr:280828

DOI: 10.22004/ag.econ.280828

Access Statistics for this article

More articles in Food Review/ National Food Review from United States Department of Agriculture, Economic Research Service Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search (aesearch@umn.edu).