Competition for World Wheat Markets and U. S. Exports (Classic Reprint)


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Excerpt from Competition for World Wheat Markets and U. S. Exports World wheat trade volume has fluctuated between wide extremes in recent years, prompting considerable interest by producers, grain traders, and other segments of the public. For a brief period in the mid-1960's, concern centered on the possibilities of food shortages and mass starvation in parts of the world. Beneath the surface of the wide changes in world import needs, there has been a continued struggle among the major wheat exporting countries as they have tried to maintain or improve their positions in world markets. This struggle goes on at times of oversupply as well as during periods of shortage. Analysis shows that some significant changes in the relative positions of the different suppliers have occurred in recent years. These changes are especially important because they tend to set the pattern for future years. It is the purpose of this report to review these changes; to survey the current general competitive situation in world wheat markets, with a particular view toward short-term us. Export prospects; and to serve as a base or reference point from which future competitive developments and shifts in wheat trade patterns can be evaluated. A number of graphic illustrations are included, which provide a quick description of certain key elements in the world wheat situation. In addition, several tables have been developed which focus particularly upon the supply patterns that surround the various segments of the world wheat market. This report is the first in a proposed series of periodic reviews, each of which, at annual or semiannual intervals, will update the tabular material contained in this first report, provide a current analysis of short-term u.s. Wheat export prospects, and present such supplemental information on supplies, prices, or other competitive developments as may be of current interest. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.




The World Wheat Market


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ERS Staff Report


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