000262199 001__ 262199 000262199 005__ 20210122080438.0 000262199 0247_ $$2doi$$a10.22004/ag.econ.262199 000262199 037__ $$a1187-2017-3965 000262199 041__ $$aeng 000262199 245__ $$a2017 Outlook of the U.S. and World Wheat Industries, 2017-2026 000262199 260__ $$c2017 000262199 269__ $$a2017-06-30 000262199 300__ $$a30 000262199 336__ $$aReport 000262199 490__ $$aAgribusiness & Applied Economics 777 000262199 520__ $$aThis report evaluates the U.S. and world wheat markets for the 2017-2026 time period using the Global Wheat Policy Simulation Model. This analysis is based on a series of assumptions about general economic conditions, agricultural policies, weather conditions, and technological change. Both the U.S. and world wheat economies are predicted to remain soft for the next ten years. World demand for both common and durum wheat are expected to remain stable however the large supplies of 2014, 2015 and 2016 will continue to pressure the market. The high price levels in 2010, 2011 and early 2012 will not be maintained because they are the result of a small wheat crop in 2010 and 2012 in the Former Soviet Union (FSU) and Argentina in 2012. The lower price levels for all commodities will also impact the wheat market. It is expected that wheat production in the FSU will return to normal in the future. World trade volumes of both durum and common wheat are expected to expand, but trade volume of common wheat may grow faster than that of durum wheat. 000262199 546__ $$aEnglish 000262199 650__ $$aFarm Management 000262199 650__ $$aInternational Relations/Trade 000262199 650__ $$aProduction Economics 000262199 6531_ $$acommon wheat, durum wheat, production, exports, consumption, ending stocks 000262199 700__ $$aTaylor, Richard D. 000262199 8560_ $$fedie.nelson@ndsu.edu 000262199 8564_ $$918aa9998-5cf2-42bd-ac3e-d1679d80ada5$$s192617$$uhttps://ageconsearch.umn.edu/record/262199/files/AAE777.pdf 000262199 8564_ $$9d195385c-a10e-4f62-ac00-c7495a9834cc$$xpdfa$$s1701132$$uhttps://ageconsearch.umn.edu/record/262199/files/AAE777.pdf?subformat=pdfa 000262199 909CO $$ooai:ageconsearch.umn.edu:262199$$pGLOBAL_SET 000262199 913__ $$aBy depositing this Content ('Content') in AgEcon Search, I agree that I am solely responsible for any consequences of uploading this Content to AgEcon Search and making it publicly available, and I represent and warrant that: I am either the sole creator and the owner of the copyrights and all other rights in the Content; or, without obtaining another’s permission, I have the right to deposit the Content in an archive such as AgEcon Search. To the extent that any portions of the Content are not my own creation, they are used with the copyright holder’s express permission or as permitted by law. Additionally, the Content does not infringe the copyrights or other intellectual property rights of another, nor does the Content violate any laws or another’s rights of privacy or publicity. The Content contains no restricted, private, confidential, or otherwise protected data or information that should not be publicly shared. I understand that AgEcon Search will do its best to provide perpetual access to my Content. In order to support these efforts, I grant the Regents of the University of Minnesota ('University'), through AgEcon Search, the following non-exclusive, irrevocable, royalty-free, world-wide rights and licenses: to access, reproduce, distribute and publicly display the Content, in whole or in part, in order to secure, preserve and make it publicly available, and to make derivative works based upon the Content in order to migrate the Content to other media or formats, or to preserve its public access. These terms do not transfer ownership of the copyright(s) in the Content. These terms only grant to the University the limited license outlined above. 000262199 980__ $$a1187