In the case of some "temperate" agricultural products, such as the grains, on the other hand,there is a particularly severe glut of supplies, and world market prices are continuing to decline under the influence of a price-cutting war between the US and EEC. The US is also setting out this year to arrest the decline in its exports of soya beans, cotton, tobacco and rice—with potentially devastating consequences for many producers of these commodities in the Third World.