 2013 Outlook of the U.S. and World Wheat Industries, 2013-2022Richard D. Taylor and Won W. Koo No 157807, Agribusiness & Applied Economics Report from North Dakota State University, Department of Agribusiness and Applied Economics Abstract: This report evaluates the U.S. and world wheat markets for the 2013-2022 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 relatively healthy for the next ten years. World demand for both common and durum wheat are expected to remain strong. 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 2012 in Argentina. 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. Keywords: Crop Production/Industries; International Relations/Trade (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:ags:nddaae:157807 Access Statistics for this paper More papers in Agribusiness & Applied Economics Report from North Dakota State University, Department of Agribusiness and Applied Economics Contact information at EDIRC. |
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