TY  - RPRT
AB  - 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.
AU  - Taylor, Richard D.
DA  - 2017-06-30
DA  - 2017
DO  - 10.22004/ag.econ.262199
DO  - doi
ID  - 262199
KW  - Farm Management
KW  - International Relations/Trade
KW  - Production Economics
KW  - common wheat, durum wheat, production, exports, consumption, ending stocks
L1  - https://ageconsearch.umn.edu/record/262199/files/AAE777.pdf
L1  - https://ageconsearch.umn.edu/record/262199/files/AAE777.pdf?subformat=pdfa
L2  - https://ageconsearch.umn.edu/record/262199/files/AAE777.pdf
L2  - https://ageconsearch.umn.edu/record/262199/files/AAE777.pdf?subformat=pdfa
L4  - https://ageconsearch.umn.edu/record/262199/files/AAE777.pdf
L4  - https://ageconsearch.umn.edu/record/262199/files/AAE777.pdf?subformat=pdfa
LA  - eng
LA  - English
LK  - https://ageconsearch.umn.edu/record/262199/files/AAE777.pdf
LK  - https://ageconsearch.umn.edu/record/262199/files/AAE777.pdf?subformat=pdfa
N2  - 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.
PY  - 2017-06-30
PY  - 2017
T1  - 2017 Outlook of the U.S. and World Wheat Industries, 2017-2026
TI  - 2017 Outlook of the U.S. and World Wheat Industries, 2017-2026
UR  - https://ageconsearch.umn.edu/record/262199/files/AAE777.pdf
UR  - https://ageconsearch.umn.edu/record/262199/files/AAE777.pdf?subformat=pdfa
Y1  - 2017-06-30
T2  - Agribusiness & Applied Economics 777
ER  -