Sorghum: Background for 1985 Farm Legislation

Keith Collins, William Lin and Gerald Rector

No 305756, Agricultural Information Bulletins from United States Department of Agriculture, Economic Research Service

Abstract: U.S. sorghum acreage and use have trended down slightly since the early 1970’s. Large sorghum harvests, greater corn and wheat feed use, and high foreign currency prices of sorghum helped raise U.S sorghum stocks in the early 1980's. Government payments to sorghum producers climbed from one-seventh of total sorghum returns above cash expenses in 1980 to six-sevenths by 1983. Growth in U.S. sorghum demand will likely come from exports, mainly determined by U.S. and foreign government policies, growth in foreign incomes and livestock output, and export credit availability. Policy issues for 1985 legislation include the level and flexibility of price and income supports and policy effects on trade, the livestock sector, resources, consumers, and taxpayers. Corn and wheat policies usually have been major factors affecting the consequences of sorghum policy.

Keywords: Agricultural and Food Policy; Crop Production/Industries; International Relations/Trade; Livestock Production/Industries (search for similar items in EconPapers)
Pages: 51
Date: 1984-09
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Persistent link: https://EconPapers.repec.org/RePEc:ags:uersab:305756

DOI: 10.22004/ag.econ.305756

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