Plainly it is desirable that the Community should seek to live within the money that has been allotted to it under the existing own resources provision. The change in the dollar-ecu rate is bound to create problems, as was forecast, but that fact must be put in the wider context. The difficulties facing agriculture are not confined to the European Community. Throughout the world agriculture is facing a near crisis of overproduction, caused to a large extent by improvements in technology. The Community is not alone in having surpluses. The world cereal stock is estimated to exceed 190 million tonnes, of which almost half comes from the United States.