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End of Cheap Food Era Redraws Global Market Predictions
Washington officials forecast sharp decline in food prices in late 1873 tied to crop program shifts but warn against assuming a long term drop. The piece notes rising world demand, Soviet and Chinese buying, and potential need for sustained high prices to fund expanded US production and reserves.
MENTIONED IN THIS ARTICLE
Morton 1
Sosland
NY. Times News Service
Washington
Coat of Living Council
Department of Agriculture
United States
Jevern
Britain
Japan
Soviet Union
China