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An old maxim holds that too much of a good thing can be bad for your health. That maxim pretty well sums up U.S. agriculture's predicament in 1994. The nation's crop producers produced record harvests and livestock producers sent record amounts of meat to the nation's meat counters. The...
Persistent link: https://www.econbiz.de/10005499182
Markets for U.S. farm products took a sudden, unexpected turn for the worse in 1998, as supply and demand factors combined to produce a plunge in crop prices. Most parts of the nation had very favorable growing conditions in 1998, resulting in an abundant harvest of the major crops, and pushing...
Persistent link: https://www.econbiz.de/10005373449
The century's final year was one of frustration for U.S. agriculture - certainly not the way the industry had hoped to close the millennium. Farmers took pride in their productivity, turning out the fourth bin-busting crop in a row and more red meat and poultry than ever before. But the big...
Persistent link: https://www.econbiz.de/10005379581
Another big package of government financial aid cushioned the farm slump in 2000 but did little to lift agriculture's spirit. Overall, the industry's major financial indicators stayed remarkably healthy. Farmers delivered more red meat and poultry to supermarkets than ever before, and strong...
Persistent link: https://www.econbiz.de/10005379666
The rural economy broke free from the reins of recession in 2004 with an especially strong performance in the farm sector. Net farm income easily surpassed the record high of 2003. And the weakness that plagued the nonfarm rural economy in recent years appears to have been replaced with stronger...
Persistent link: https://www.econbiz.de/10005379684
An abstract for this article is not available
Persistent link: https://www.econbiz.de/10005721311