@article{Taylor:262199,
      recid = {262199},
      author = {Taylor, Richard D.},
      title = {2017 Outlook of the U.S. and World Wheat Industries,  2017-2026},
      address = {2017-06-30},
      number = {1187-2017-3965},
      series = {Agribusiness & Applied Economics 777},
      pages = {30},
      year = {2017},
      abstract = {This report evaluates the U.S. and world wheat markets for  the 2017-2026 time 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 soft for the next ten years. World demand for both  common and durum wheat are expected to remain stable  however the large supplies of 2014, 2015 and 2016 will  continue to pressure the market. The high price levels in  2010, 2011 and early 2012 will not be maintained because  they are the result of a small wheat crop in 2010 and 2012  in the Former Soviet Union (FSU) and Argentina in 2012. The  lower price levels for all commodities will also impact the  wheat market. It is expected that wheat production in the  FSU will return to normal in the future. World trade  volumes of both durum and common wheat are expected to  expand, but trade volume of common wheat may grow faster  than that of durum wheat.},
      url = {http://ageconsearch.umn.edu/record/262199},
      doi = {https://doi.org/10.22004/ag.econ.262199},
}