Farmers Have A Rough Row To Hoe

The outlook for U.S. agriculture in 1992 is mixed. Farm income is expected to fall 11%, to $52 billion, with hog and dairy farms suffering the most. Corn farmers, by contrast, should reap good profits. And strong demand for food from the former Soviet Union, plus the prospect of a new General Agreement on Tariffs & Trade (GATT), which might lower foreign trade barriers, could bolster U.S. exports.

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