ABSTRACT
Martin Abel has synthesized available projections of growth in the conventional “nonprice” factors (population and income) and some nonconventional factors (sweeteners and ethanol production) that will shift the demand schedule for U.S. farm output over the next quarter century. His treatment of the implications of potential ethanol production is especially interesting. With the addition of commodity and world regional detail, he has demonstrated a keen knowledge and perceptive analytical capability in world agriculture.
