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Prices of inputs to slow in 1978 says USDA official
Remarks by Robert D. Reinsel from the 1978 National Agricultural Outlook Conference describe slack demand and excess capacity pushing slower price rises for most inputs. Farmers face a cost price squeeze as income weakens, with loan scrutiny tightening and capital purchases down.
MENTIONED IN THIS ARTICLE
Robert D. Reinsel
Economic Research Service
USDA
Washington, D.C
George D. Irwin
Farm Credit Administration
National Agricultural Outlook
Robert B. Phelps
Forester
Forest Service