This issue was published in June 1999 by the Market and Trade Economics Division. Agricultural Outlook is published 10 times per year by the Economic Research Service, U.S. Department of Agriculture. To order Agricultural Outlook , please visit the ERS-NASS Sales Desk . The contents section at the bottom of this page links to each article in Adobe Acrobat PDF format.
Wheat is the exception.
Red meat and poultry production in 2000 is forecast about the same as the 1999 expected record. Increased poultry production will offset modest declines in beef and pork output. Broiler prices in 2000 will continue to decline from the 1998 record, while cattle and hog prices will continue to recover somewhat from 1998's extreme lows. A dramatic increase in U.S. imports of Canadian wheat in the early 1990's coincided with trade liberalization agreements, U.S. export subsidies, elimination of Canadian transport subsidies, and a run of bad weather. The early 1990's import runup appears to have been an isolated occurrence.