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The Everchanging World Wheat Market

In: Shifting Patterns of Agricultural Trade

Author

Listed:
  • Andrew Schmitz

    (University of Florida)

  • Claudine Chegini

    (University of Florida)

Abstract

For some countries, wheat is no longer the primary grain crop grown. Over the past ten years, wheat production in the USA has declined by almost 15%. For many farmers in the USA and Canada, wheat has become a minor crop partly due to the introduction of oil and pulse crops and the increase in canola, peas, and lentils acreage. The shift away from wheat was made possible through new technologies, such as the use of air seeders and combine headers for straight combining. This shift, however, has caused transformations in the world wheat market, including changes in government policies over time, some of which have affected world wheat crops. This chapter highlights the changes that have taken place in the world wheat market from the 1970s to the present and how policies and programs have influenced the changing structure of the world wheat market.

Suggested Citation

  • Andrew Schmitz & Claudine Chegini, 2021. "The Everchanging World Wheat Market," Springer Books, in: Vasilii Erokhin & Gao Tianming & Jean Vasile Andrei (ed.), Shifting Patterns of Agricultural Trade, chapter 0, pages 103-122, Springer.
    • Handle: RePEc:spr:sprchp:978-981-16-3260-0_4
    DOI: 10.1007/978-981-16-3260-0_4
    as

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