World food production reached a record high in 1986, exceeding 1985's record by about 1 percent, despite declining food output in Latin America, the United States, Western Europe, and Oceania. World food production generally increased faster than population from 1977 to 1986. Production of...

U.S. agriculture entered the most recent recession better positioned than most U.S. industries, was less affected by the recession than most other U.S. industries, and is likely to continue to do well in the years ahead. The farm sector was bolstered by several years of strong income growth,...

Intervention by governments in their foreign trade sectors fundamentally alters the character and composition of agricultural trade by making imports less responsive to international price changes than they otherwise would be. Intervention can also make world market prices change more frequently...