The Farm Slump Continues
美国农业在世纪末面临生产过剩与全球市场疲软的困境,尽管政府援助支撑了收入,但作物价格低迷和出口复苏缓慢预示低迷将持续,对畜牧业和种植业影响各异。
The century's final year was one of frustration for U.S. agriculture - certainly not the way the industry had hoped to close the millennium. Farmers took pride> in their productivity, turning out the fourth bin-busting crop in a row and more red meat and poultry than ever before. But the big production collided with a still sluggish world market, holding down farm commodity prices. Still, farm income held up well above the average for the past decade, due to another big financial assistance package from Washington.> The farm slump will likely continue in the year ahead, although prospects for livestock and crop producers diverge widely. Livestock producers could have a very good year, with low feed costs and robust consumer demand boosting profits, but weak crop prices could drag down farm income. The farm export picture is beginning to brighten again, but too gradually to offer much relief in 2000. With exports soft and the nation's granaries still full, weak crop prices could be the norm. As in the last two years, help from Washington may determine whether farm income in 2000 rises or falls.