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July 1979

Rising Farm Exports and International Trade Policies

by Clifton B. Luttrell

Exports of farm commodities in 1978 totaled $29.4 billion, almost 27 percent of the value of all cash farm receipts, and a further increase in farm exports is expected this year. Farm exports have increased rapidly and consistently during the past decade both in nominal value and as a percent of cash farm receipts. This article suggests that much of the increase in the proportion of farm products exported in recent years is a result of major changes in U.S. and other nations’ foreign trade policies.