Foreign Agricultural Trade of the United States, January/February 1987
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U.S. agricultural exports fell 10 percent in value in calendar year 1986
to $26 billion and 9 percent in volume to 108. 7 million tons. Farm product
imports rose $1.1 billion in 1986 to a record high of $21.1 billion because
of higher world coffee prices, unfavorable U.S. weather, and strong consumer
demand. Bulk commodity prices weakened in CY 1986, with only a few exceptions.
The share of farm production used for exports fell to 14 percent in fiscal
year 1986 <October 1985-September 1986), the lowest level ill l4'years.
Concessional farm exports under U.S. Government-financed programs fell 10
percent in volume in FY 1986 to about 7 million tons worth nea1ly $1.23
billion.
