IDEAS home Printed from https://ideas.repec.org/p/ags/nddaae/91843.html
   My bibliography  Save this paper

2010 Outlook of the U.S. and World Wheat Industries, 2009-2019

Author

Listed:
  • Taylor, Richard D.
  • Koo, Won W.

Abstract

This report evaluates the U.S. and world wheat markets for the 2009-2019 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 price levels in 2007, 2008 and 2009 might not be maintained in 2010 and the future because increased wheat and corn production in 2008 and 2009 and reduced demand for corn for ethanol production which pressures all commodity prices. 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.

Suggested Citation

  • Taylor, Richard D. & Koo, Won W., 2010. "2010 Outlook of the U.S. and World Wheat Industries, 2009-2019," Agribusiness & Applied Economics Report 91843, North Dakota State University, Department of Agribusiness and Applied Economics.
    • Handle: RePEc:ags:nddaae:91843
    DOI: 10.22004/ag.econ.91843
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/91843/files/AgReport662-Wheat_outlook.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.91843?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Beghin, John C. & Dong, Fengxia & Elobeid, Amani E. & Fabiosa, Jacinto F. & Fuller, Frank H. & Hart, Chad E. & Kovacik, Karen & Matthey, Holger & Saak, Alexander E. & Tokgoz, Simla & Chavez, Eddie C. , 2004. "FAPRI 2004 U.S. and World Agricultural Outlook," FAPRI Staff Reports 32046, Food and Agricultural Policy Research Institute (FAPRI).
    2. Benirschka, Martin & Koo, Won W., 1995. "World Wheat Policy Simulation Model: Description and Computer Program Documentation," Agricultural Economics Reports 23333, North Dakota State University, Department of Agribusiness and Applied Economics.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Rotem Zelingher, 2024. "Democratising Agricultural Commodity Price Forecasting: The AGRICAF Approach," Papers 2410.20363, arXiv.org, revised Feb 2025.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Jacinto F. Fabiosa & James Hansen & Holger Matthey & Suwen Pan & Francis Tuan, 2009. "Assessing China's Potential Import Demand for Distillers Dried Grain: Implications for Grain Trade," Center for Agricultural and Rural Development (CARD) Publications 09-sr104, Center for Agricultural and Rural Development (CARD) at Iowa State University.
    2. Jacinto F. Fabiosa & John C. Beghin & Fengxia Dong & JAmani Elobeid & Simla Tokgoz & Tun-Hsiang Yu, 2010. "Land Allocation Effects of the Global Ethanol Surge: Predictions from the International FAPRI Model," Land Economics, University of Wisconsin Press, vol. 86(4), pages 687-706.
    3. Klein, Kurt K., 2002. "Field Crop Subsector Structure And Competition Under Free Trade: Canada," Proceedings of the 7th Agricultural and Food Policy Systems Information Workshop, 2001: Structural Change as a Source of Trade Disputes Under NAFTA 16874, Farm Foundation, Agricultural and Food Policy Systems Information Workshops.
    4. Koo, Won W. & Taylor, Richard D., 2000. "2000 Outlook Of The U.S. And World Wheat Industries, 1999-2001," Agricultural Economics Reports 23372, North Dakota State University, Department of Agribusiness and Applied Economics.
    5. Pan, Suwen & Mohanty, Samarendu & Ethridge, Don E. & Fadiga, Mohamadou L., 2004. "The Impacts of U.S. Cotton Programs on the World Market: An Analysis of Brazilian and African WTO Petitions," Cotton Economics Research Institute CER Series 53150, Texas Tech University, Department of Agricultural and Applied Economics.
    6. Koo, Won W. & Taylor, Richard D. & Swenson, Andrew L. & Duncan, Marvin R., 1999. "1999 North Dakota Agricultural Outlook: Representative Farms 1999-2008," Agricultural Economics Reports 23334, North Dakota State University, Department of Agribusiness and Applied Economics.
    7. Taylor, Richard D. & Koo, Won W. & Swenson, Andrew L., 2010. "2010 North Dakota Agricultural Outlook: Representative Farms, 2010-2019," Agribusiness & Applied Economics Report 92979, North Dakota State University, Department of Agribusiness and Applied Economics.
    8. Lee, Young-Jae, 2008. "Theoretical Examination of the Conditions of Best Management Practices Adoption and the Easing of Trade Distortion for Sugar," 2008 Annual Meeting, February 2-6, 2008, Dallas, Texas 6826, Southern Agricultural Economics Association.
    9. Dahl, Bruce L. & Wilson, William W., 1996. "Grades/Classes Of Hard Wheats Exported From North America: Analysis Of Demand And Trends," Agricultural Economics Reports 23379, North Dakota State University, Department of Agribusiness and Applied Economics.
    10. Koo, Won W. & Taylor, Richard D., 1999. "Outlook Of The World Rice Industry Under Alternative Trade Liberalization Policies In Japan And Korea," Agricultural Economics Reports 23402, North Dakota State University, Department of Agribusiness and Applied Economics.
    11. Lopez, Jose Antonio & Malaga, Jaime E., 2009. "Forecast and Simulation Analysis of Mexican Meat Consumption at the Table Cut Level: Impacts on U.S. Exports," 2009 Annual Meeting, July 26-28, 2009, Milwaukee, Wisconsin 51986, Agricultural and Applied Economics Association.
    12. Koo, Won W. & Taylor, Richard D., 1998. "1998 Outlook Of The U.S. And World Sugar Markets," Agricultural Economics Reports 23290, North Dakota State University, Department of Agribusiness and Applied Economics.
    13. Taylor, Richard D. & Koo, Won W., 2012. "2012 Outlook of the U.S. and World Wheat Industries, 2012-2021," Agribusiness & Applied Economics Report 133393, North Dakota State University, Department of Agribusiness and Applied Economics.
    14. Taylor, Richard D. & Koo, Won W., 2015. "2015 Outlook of the U.S. and World Wheat Industries, 2015-2024," Agribusiness & Applied Economics Report 201310, North Dakota State University, Department of Agribusiness and Applied Economics.
    15. Taylor, Richard D., 2017. "2017 Outlook of the U.S. and World Corn and Soybean Industries, 2017-2026," Agribusiness & Applied Economics Report 261209, North Dakota State University, Department of Agribusiness and Applied Economics.
    16. Taylor, Richard D. & Koo, Won W. & Swenson, Andrew L., 2013. "013 North Dakota Agricultural Outlook: Representative Farms, 2013-202," Agribusiness & Applied Economics Report 162952, North Dakota State University, Department of Agribusiness and Applied Economics.
    17. Taylor, Richard D. & Koo, Won W., 2014. "2014 Outlook of the U.S. and World Corn and Soybean Industries, 2013-2023," Agribusiness & Applied Economics Report 180415, North Dakota State University, Department of Agribusiness and Applied Economics.
    18. Koo, Won W. & Taylor, Richard D. & Swenson, Andrew L. & Duncan, Marvin R., 2000. "2000 North Dakota Agricultural Outlook: Representative Farms 2000-2009," Agricultural Economics Reports 23382, North Dakota State University, Department of Agribusiness and Applied Economics.
    19. Taylor, Richard D. & Koo, Won W., 2014. "2014 North Dakota Agricultural Outlook: Representative Farms, 2014-2023," Agribusiness & Applied Economics Report 187190, North Dakota State University, Department of Agribusiness and Applied Economics.
    20. Taylor, Richard D. & Koo, Won W. & Swenson, Andrew L., 2011. "2011 North Dakota Agricultural Outlook: Representative Farms, 2011-2020," Agribusiness & Applied Economics Report 115629, North Dakota State University, Department of Agribusiness and Applied Economics.

    More about this item

    Keywords

    Agribusiness;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:nddaae:91843. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/dandsus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.