Farm Exports to Hit 10 Billion in Fiscal '73
The Nation forecasts US agricultural exports for the year ending June 30 will total about 10 billion dollars, nearly two billion above the prior record, with grains soybeans and cotton driving most of the growth. Exports to the Soviet Union and Europe rise while dairy and poultry fall. The export dollar total will boost the farm trade balance to a record and help offset the nonfarm deficit. Japan and Latin America also show strong gains as export volumes rise across grains fruits and livestock products.