Agricultural Outlook

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Articles in April, 1992 issue of Agricultural Outlook

• Livestock, dairy & poultry overview - beef supplies forecast to rise in 1992, likely to continue into 1993; hog prices drop after short increase in February, 1992, and producer returns expected to stay below total costs throughout year; egg prices lower f
• Specialty crops overview - 1992 retail prices on fresh fruits and vegetables generally lower than previous year with greatest decrease seen in oranges; provision for 1992 flue-cured and burley tobacco program completed with burley marketing quota and pric
• Farm income to dip below last year - forecast for total livestock receipts for 1992 are at lowest level in previous four years, with 3% increase in production expenses; cash income for 1992 expected to decrease 6-8%; food and feed grain receipts expected
• Global meat consumption & trade - meat consumption patterns change drastically due to change in lifestyles, incomes and health concerns; growth in meat production and trade expected to decrease by 2% in 1992; poultry leads meat production and trade in gro
• 1992 food price update - Consumer Price Index expected to rise by 2-4% in 1992, affected by slow recovery from recession and increased supplies of several foods - U.S. Dept. of Agriculture, Economic Research Service Report
• Field crops overview - world wheat ending stocks off nearly 11% with sharp increase in prices in 1991/92; larger U.S. wheat crop forecast for 1992, partly due to mild winter climate; southern African countries see sharp production drop in corn due to cont
• Fresh fruit leads Chile's export mix - Chile emerges as major supplier of fresh fruit to world market due to ample natural resources, consumer demand for fresh fruit during winter season in U.S. and Europe, and incentives in agricultural policies of Chile
• U.S.-Mexico linkages: labor & investment - lack of employment and higher pay bring migrant workers from Mexico, providing important source of U.S. farm labor; fruit and vegetable producers rely heavily on U.S. Hispanic population and migrants from Mexico
• Poland's sugar industry: barometer of change - dramatic changes taking place in Central and East European countries and republics of former Soviet Union have significant effect on agricultural commodities traded in world markets, with Poland as largest su
• Prospects for trade with an integrated Korean market - possibilities of reconciliation or reunification of Korea could implicate agricultural trade between two countries; as North Korea loses strategic trade arrangements with former Soviet Union, it suffe