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Old 26-04-2003, 12:24 PM
Dean Hoffman
 
Posts: n/a
Default global agriculture production

On 11/15/02 6:26 AM, in article
, "Edward Glamkowski"
wrote:

Hi all :-)

I'm not an agriculturist so this may seem like a basic question, but I'm
wondering where to find global production figures for major crops (wheat,
corn,
barley, etc.) and the price per unit volume for each one. I'd prefer data
that
is as recent as possible.

Thanks!


The U.S. Department of Agriculture might have information on total
production. The USDA is online and has all kinds of information on its
site. You might ask Mr. Google and put USDA and world crop production in
the search request.
Prices vary considerably. Projected production figures, demand forecasts,
weather forecasts, and currency exchange rates are some things that
influence price. There is a local cash price and futures prices for several
months ahead of time. The futures prices in the U.S. are determined at the
Chicago Board of Trade. It's similar to the stock market with buyers and
sellers. A lot of people stand around yelling and making odd signals at
each other.
Cash prices per bushel at Lincoln, NE on Thursday, November 14:
#2 wheat $4.36-4.38 #2 corn $2.35-2.38 #2 soybeans $5.40 #2 milo
$2.39-2.46 Barley isn't grown in this part of the country so no price for
it. Oats is really rare here and there was no bid posted.
The highest price for corn I remember was around $5.00/bushel. A friend
of mine had only one truckload left to sell then. The price was about $1.50
a couple of years ago.

Dean






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