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NEWS RELEASE 98-020; APRIL 3, 1998 April 3, 1998
News Release 98-020

U.S. GRAIN MILLING INDUSTRY SEES STRONG DOMESTIC GROWTH, EVEN AS ITS INTERNATIONAL TRADE POSITION WORSENS

The U.S. grain milling industry, one of the world's leading grain producers, experienced rapid growth during 1992-96, led by strong growth in domestic consumption of wheat flour, reports the U.S. International Trade Commission (ITC) in its publication Industry and Trade Summary: Milled Grains, Malts, and Starches.

During this period, the U.S. trade surplus in milled grains, malt, and starches climbed from $317 million in 1992 to a high of $340 million in 1995 before declining to $250 million in 1996, according to the report.

The ITC, an independent, nonpartisan, factfinding agency, recently released the report as part of an ongoing series of reports on the thousands of products imported into and exported from the United States. Following are the other highlights from the report.

The foregoing information is from the ITC report Industry and Trade Summary: Milled Grains, Malts, and Starches (USITC publication 3095, March 1998).

ITC Industry and Trade Summary reports include information on product uses, U.S. and foreign producers, and customs treatment of the products being studied. They analyze the basic factors affecting trends in consumption, production, and trade of the commodities. As well as factors bearing on the competitiveness of the U.S. industry in domestic and foreign markets.

This report will be available on the ITC's Internet server (www.usitc.gov). A printed copy may be requested by calling 202-205-1809 or by writing the Office of the Secretary, U.S. International Trade Commission, 500 E Street, SW, Washington, D.C. 20436. Requests may be faxed to 202-205-2104.

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