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Increased Dollar Sales Brought Agricultural Exports to Alltime High in 1964

Author

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  • DeBlois, Eleanor N.

Abstract

Excerpts from the report: U.S. agricultural exports reached an alltime record of $6,347 million in calendar 1964, $763 million above 1963 and $273 million more than the 1963-64 fiscal year total. Commercial sales for dollars set a record of $4,577 million, 72 percent of total exports. The rise in dollar exports was over four-fifths of the increase over 1963. Commercial exports of oilseeds and products continued to lead dollar sales. They represented about a fifth of the total and the largest increase from a year earlier. Dollar shipments of animals and products (except dairy products), wheat and flour, cotton, feed grains, dairy products, and rice were substantially above the 1963 totals. Exports under Government-financed programs reached $1,770 million, the highest calendar or fiscal year total since the beginning of the P.L. 480 programs, but the smallest proportion (28 percent) of total agricultural exports in the 10-year period. Sales for foreign currency under Title I, P.L. 480, totaled $1,224 million, the highest calendar or fiscal year total for that program. The largest proportional increases took place in barter shipments under Title III and in exports under Title IV, long-term supply and dollar credit sales.

Suggested Citation

  • DeBlois, Eleanor N., 1965. "Increased Dollar Sales Brought Agricultural Exports to Alltime High in 1964," Miscellaneous Publications 319886, United States Department of Agriculture, Economic Research Service.
    • Handle: RePEc:ags:uersmp:319886
    DOI: 10.22004/ag.econ.319886
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