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The State of Food and Agriculture 1954

Review and Outlook

image of The State of Food and Agriculture 1954

The present report reviews the more recent developments in the world food and agricultural situation and also the immediate outlook. In 1953/54 world production continued to expand. Surpluses, especially of wheat, became more burdensome in some areas, and in these areas farm prices and farm incomes tended to decline. In other parts of the world, however, supplies Were not excessive and efforts to expand production were continued and in some cases intensified. The outlook- for 1954/55 suggests no essential change in this situation, which is summarized in Chapter I of the report and reviewed more fully on a world basis in Chapter II.

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Regional problems and policies

The previous chapter reviewed briefly the main developments in the world food and agriculture situation in 1953/54, discussed some recent trends, and reached tentative conclusions on prospects for 1954/55. The chapter which follows examines the impact of the situation now emerging on the problems of agriculture in each region of the world, and the shifts in agricultural policy which are being made in consequence. In spite of large differences in conditions and problems, a number of common trends seem to be emerging in the agricultural policies of many, though not all, countries in widely separated regions, and some comment on these trends may be useful before proceeding to a region-by-region discussion.

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