|
AgEcon Search >
North Dakota State University >
Department of Agribusiness and Applied Economics >
Agribusiness & Applied Economics Report >
Please use this identifier to cite or link to this item:
http://purl.umn.edu/55118
|
| Title: | 2009 Outlook of the U.S. and World Wheat Industries, 2008-2018 |
| Authors: | Koo, Won W.
Taylor, Richard D. |
| Authors (Email): | Koo, Won W. (won.koo@ndsu.edu)
Taylor, Richard D. (richard.taylor@ndsu.edu) |
| Keywords: | common wheat
durum wheat
production
exports
consumption
ending stocks |
| Issue Date: | 2009-07 |
| Series/Report no.: | Agribusiness & Applied Economics Report No.
647 |
| Abstract: | This report evaluates the U.S. and world wheat markets for the 2008-2018 period using
the Global Wheat Policy Simulation Model. This analysis is based on a series of assumptions
about general economic conditions, agricultural policies, weather conditions, and technological
change.
Both the U.S. and world wheat economies are predicted to remain relatively healthy for
the next ten years. World demand for both common and durum wheat are expected to remain
strong. The price levels in 2007 and 2008 will not be maintained in 2009 and future because
increased wheat and corn production in 2008 and reduced demand for corn for ethanol
production will lower demand and increase supply. World trade volumes of both classes of
wheat are expected to expand, but trade volume of common wheat may grow faster than that of
durum wheat. |
| URI: | http://purl.umn.edu/55118 |
| Institution/Association: | North Dakota State University>Department of Agribusiness and Applied Economics>Agribusiness & Applied Economics Report |
| Total Pages: | 51 |
| Collections: | Agribusiness & Applied Economics Report
|
Files in This Item:
| File |
Description |
Size | Format |
|---|
| AAE647.pdf | | 183Kb | PDF | View/Open |
|
Recommend this item
All items in AgEcon Search are protected by copyright.
|
