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US-Soviet food connection

Journal Article · · Challenge; (United States)
Continuous agricultural failure is making the USSR heavily dependent on United States food imports, and the US, which dominates the world grain trade, is dependent on the Soviet market. The trade benefits both economies. Although recent Soviet investment dwarfs that of the US, Soviet purchases invariably exceed the 8-million-ton maximum permitted in the twice-extended US-Soviet Grain Agreement. The shift in agricultural power balance in favor of the US opens new avenues to world peace while providing a form of insurance against Soviet attack. After its imposition altered the world pattern of grain trade and let Soviets know that food could be an instrument of foreigh policy, the lifting of the 1980 grain embargo combined with the Soviet decline in every agricultural segment is leading toward the largest flow of food between two countries in history. 3 tables.
Research Organization:
Worldwatch Inst., Washington, DC
OSTI ID:
6167430
Journal Information:
Challenge; (United States), Journal Name: Challenge; (United States) Vol. 25:6; ISSN CHLGB
Country of Publication:
United States
Language:
English