78 



sufficient inventories to continue to play this food security role. 

 This could happen if either production of certain bulk commodities 

 declined, if exports increased, or if a combination of the two 

 possibilities occurred. Such a change might reguire the United 

 States to determine, in conjunction with other food-exporting 

 countries, the needed size of carryover stocks to ensure world food 

 security and to decide how the cost of carrying these inventories 

 should be borne. 



In conclusion, we believe that a shift from programs and policies 

 that emphasize production to an approach that emphasizes strategic 

 marketing is the type of change needed to help U.S. agriculture 

 increase exports in a dynamic world market and remain competitive 

 into the next century. 



Mr. Chairman, this concludes my prepared statement. I will be 

 happy to answer any guestions you or other members of the 

 Subcommittee may have. 



(280102) 

 8 



