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1999 Outlook Of The U.S. And World Wheat Industries, 1998-2008

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  • Koo, Won W.
  • Taylor, Richard D.
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    Abstract

    This report evaluates the U.S. and world wheat markets for the 1998-2008 period by using the World Wheat Policy Simulation Model. This analysis is based on a series of assumptions about general economic conditions, agricultural policies, the weather, and technological change. Both the U.S. and world wheat economies are predicted to be optimistic for the next ten years. World demands for both common and durum wheat are expected to grow faster than world production of the two wheat classes, resulting in gradual increases in prices of the wheats. World trade volumes of both classes of wheat are expected to expand, but trade volume of durum wheat may grow faster than common wheat.

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    File URL: http://purl.umn.edu/23222
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    Bibliographic Info

    Paper provided by North Dakota State University, Department of Agribusiness and Applied Economics in its series Agricultural Economics Reports with number 23222.

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    Date of creation: 1999
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    Handle: RePEc:ags:nddaer:23222

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    Related research

    Keywords: Common Wheat; Durum Wheat; Production; Exports; Consumption; Ending Stocks; Agricultural and Food Policy; Marketing; International Relations/Trade;

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