1945

World review

World food and agricultural production increased marginally in 1974 as compared with the generally good results of 1973, and per caput output fell by 1%. Fishery production rose by about 6%, largely due to the recovery in Chilean and Peruvian anchoveta production. Forestry production fell slightly, reflecting lower denied for forest products caused by the severe recession in all the major industrialized countries. The total output of agricultural, fishery and forest commodities remained unchanged (Table 1-1). World cereal production fell in 1974 for the second time in three years with sharp reductions in the Far East, North America, Oceania and the U.S.S.R., where the harvest, although good, failed to match the exceptional one of 1973. The small rise in the index of total agricultural production in 1974 largely resulted from an expansion in livestock output, reflecting serious difficulties in this sector.

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