Dairy prices to ease as production rises in 1990
USDA dairy analysts forecast higher milk output after a 1989 stall and expect consumer dairy prices to rise up to 3 percent in 1990, with overall food prices up 3 to 5 percent. They caution volatility, noting farm and wholesale dairy prices may drop in early 1990 due to export cuts and a spring production peak.
MENTIONED IN THIS ARTICLE
Washington
Agriculture Department
Ralph Parlett
Department
Economic Research Service
Parlett
USDA
Usda Agency
1989 Crop Values Rise 10 Percent to $77 Billion
Preliminary Agriculture Department estimates place last year’s crop production at about $77 billion, up 10 percent from 1988. Corn led in value at over $17 billion, with hay baled at $11.8 billion and soybeans at $10.6 billion.
MENTIONED IN THIS ARTICLE
Washington
Agriculture Department
Department
Agricultural Statistics Board
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