Excerpt from World Agriculture: Outlook and Situation; September 1982 Opec oil production will likely continue above world consumption rates, maintaining downward pressure on prices. Only a strong economic recovery or effective pro duction cuts could push prices higher. Declining inflation and relatively lower interest rates in the United States have further strengthened the dol lar in foreign exchange markets. The higher value of the us. Currency will likely continue unless economic recovery in foreign industrial nations outpaces that in the United States. World crop prices continue to decline, pushed down by large supplies and the depressed global economy. With domestic production expected to surpass last year's exceptional performance and foreign use to be relatively flat, u.s. Grain stocks are projected to double those of 2 years ago. Us. Agricultural exports are forecast at billion in Fiscal 1982, 8 percent below a year earlier, despite record volume projected at 165 million tons. Volume in 1983 is expected to exceed 170 million tons, but the price outlook is uncertain. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.