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U.S. Wheat Industry

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  • Heid, Walter G., Jr.

Abstract

U.S. wheat production doubled between 1950 and 1975. Improved yields per acre accounted for most of the increase. Since 1974, however, the growth in U.S. wheat yields per acre has leveled off. About half of the U.S. wheat crop is exported, but the somewhat erratic nature of foreign demand has caused considerable instability in the U.S. wheat industry. Large carryovers have been a problem in most years since 1950, despite Government programs to regulate wheat acreage, subsidize producers, store wheat, and facilitate wheat exports.

Suggested Citation

  • Heid, Walter G., Jr., 1979. "U.S. Wheat Industry," Agricultural Economic Reports 305701, United States Department of Agriculture, Economic Research Service.
  • Handle: RePEc:ags:uerser:305701
    DOI: 10.22004/ag.econ.305701
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    References listed on IDEAS

    as
    1. Mo, William Y., 1968. "An Economic Analysis of the Dynamics of the United States Wheat Sector," Technical Bulletins 171767, United States Department of Agriculture, Economic Research Service.
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    3. Meinken, Kenneth W., 1955. "The Demand and Price Structure for Wheat," Technical Bulletins 157127, United States Department of Agriculture, Economic Research Service.
    4. Rasmussen, Wayne D. & Baker, Gladys L., 1979. "Price-Support and Adjustment Programs from 1933 through 1978: A Short History," Agricultural Information Bulletins 309232, United States Department of Agriculture, Economic Research Service.
    5. Reitz, L. P., 1976. "Wheat in the United States," Agricultural Information Bulletins 309184, United States Department of Agriculture, Economic Research Service.
    6. Schmitz, Andrew & Bawden, D. Lee, 1973. "The World Wheat Economy: An Empirical Analysis," Monographs, University of California, Davis, Giannini Foundation, number 251914, December.
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    10. Krause, Kenneth R., 1975. "Foreign Firms with Investments in the U.S. Food and Fiber System," Agricultural Economic Reports 307545, United States Department of Agriculture, Economic Research Service.
    11. Fox, Karl A., 1953. "The Analysis of Demand for Farm Products," Technical Bulletins 156646, United States Department of Agriculture, Economic Research Service.
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