Findings

7 U.S. Code § 5201. Findings

Congress finds that—
(1)
United States agricultural exports have declined by more than 36 percent since 1981, from $43,800,000,000 in 1981 to $27,900,000,000 in 1987;
(2)
the United States share of the world market for agricultural commodities and products has dropped by 20 percent during the last 6 years;
(3)
for the first time in 15 years, the United States incurred monthly agricultural trade deficits in 1986;
(4)
the loss of $1,000,000,000 in United States agricultural exports causes the loss of 35,000 agricultural jobs and the loss of 60,000 nonagricultural jobs;
(5)
the loss of agricultural exports threatens family farms and the economic well-being of rural communities in the United States;
(6) factors contributing to the loss of United States agricultural exports include changes in world agricultural markets such as—
(A)
the addition of new exporting nations;
(B)
innovations in agricultural technology;
(C)
increased use of export subsidies designed to lower the price of commodities on the world market;
(D)
the existence of barriers to agricultural trade;
(E)
the slowdown in the growth of world food demand in the 1980’s due to cyclical economic factors, including currency fluctuations and a debt-related slowdown in the economic growth of agricultural markets in certain developing countries; and
(F)
the rapid buildup of surplus stocks as a consequence of favorable weather for agricultural production during the 1980’s;
This document is only available to subscribers. Please log in or purchase access.