. Agri-news. Agriculture. Strong agri-food exports expected to continue in 1994 While Alberta's 1993 agri-food exports will be down slightly from 1992's record levels, the total is still expected to be the second best performance ever and prospects are good for a strong 1994. 'The preliminary 1993 figures are down about 12 per cent from 1992's $ billion, mostly because of sharply reduced wheat shipments to countries formerly part of the Soviet Union," says Michael Adam, Alberta Agriculture trade statistician. "A strong 1994 is anticipated for most commodities," he adds. "
. Agri-news. Agriculture. Strong agri-food exports expected to continue in 1994 While Alberta's 1993 agri-food exports will be down slightly from 1992's record levels, the total is still expected to be the second best performance ever and prospects are good for a strong 1994. 'The preliminary 1993 figures are down about 12 per cent from 1992's $ billion, mostly because of sharply reduced wheat shipments to countries formerly part of the Soviet Union," says Michael Adam, Alberta Agriculture trade statistician. "A strong 1994 is anticipated for most commodities," he adds. "In particular, exports of processed products such as meats, oilseed products, and fruit and vegetable products should be ; Live cattle exports, particularly to the , should continue its strong trend with favorable market conditions. These exports have risen sharply in recent years. Adam expects 1994 exports should easily surpass 1993 levels. As well, exports to Alberta's major foreign markets - the and Japan - should approach all time highs. "Both the GATT agreement - it takes effect on July 1,1995 - and North American Free Trade Agreement (NAFTA) should improve the agricultural trade climate," Adam says. The agreement generated a lot of export activity. There's a real potential for improved agri-food exports to Mexico and expanding Third World economies from the newer trade agreements. "Since Alberta produces a lot more than it can consume, the importance of external markets to this province's economy can't be overstated," he adds. In the last five years Alberta's primary farm production averaged about $ billion. Just over 40 per cent of that production is exported to other countries. Manufactured foods and beverages averaged just higher than primary at $ billion over the last five years. About 14 per cent of these processed Alberta foods and beverages were exported. Contact: Michael Adam 427-4011 Grades in on
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Keywords: ., bookcentury1900, bookleafnumber37, booksubjectagriculture, jandec
