The Agricultural Situation in the Western Hemisphere: Review of 1970 and Outlook for 1971

Canada's agricultural production fell in 1970 due to a sharp cut in wheat acreage. A strong recovery in grain and oilseed exports cut back burdensome stocks, improving Canada 's agricultural outlook. Latin American production exceeded the 1969 record as a 3 percent rise in per capita food output more than offset sharp cuts in coffee and cotton. Exports of feedgrains and bananas were near record and, except cotton and meat, trade values for other commodities were high. U.S. agricultural exports to the Hemisphere hit an all-time high in 1970, but may decline in 1970 due to growing trade competition and increased Latin American production