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1981: a year of promise for American agriculture



1981: a year of promise for American agriculture



Economic Review, Federal Reserve Bank of Kansas City 65(10): 3-13



The agricultural situation in 1980 is reviewed and future prospects are outlined. Just as 1980 was a year of discouragement and discontent for US farmers, so 1981 is a year that holds the promise of better times. Fundamental changes in supply-demand relationships have occurred for most major farm commodities during 1980. These point toward substantially higher farm product prices in 1981.

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