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Farm price support costs near record high next year
Washington AP The Reagan administration warned that federal farm price and income support costs will rise toward a near record in fiscal 1986 unless policy changes occur. Agriculture chief economist Robert Thompson said exports plummet and a grain bumper crop could add 2 to 3 billion and lift costs to 17 to 18 billion, approaching 1983's 18.9 billion record. He noted Soviet crop outcomes could alter the trajectory.
MENTIONED IN THIS ARTICLE
Washington
Robert Thompson
Agriculture Department
Senate Agriculture Committee
U.S. Agriculture
Thompson
Soviet Union