The US Deparment of Agriculture's 10-year international projections cover supply, demand, and trade for major agricultural crops and meats for selected countries and global totals. The projections provide foreign-country detail supporting USDA’s long-term projections released in February each year.
According to USDA, over the next several years, the agricultural industry will adjust to lower prices for most farm commodities. Lower prices will likely lead to reductions in planted acerage. Lower feed costs will also provide economic incentives for expansion of livestock production, although increased beef output will be delayed by beef cow inventory and biological factors.
Following those near-term adjustments, long-run developments for global agriculture reflect steady world economic growth and continued global demand for biofuel feedstocks. Those factors combine to support longer-run increases in consumption, trade, and the prices of agricultural products. Reflecting these market adjustments and price projections, the USDA expects export values to decline globally in 2015 and farm cash receipts fall in 2015-16 before both grow over the rest of the projection period.
USDA’s long-term projections are based on a conditional scenario that assumes current US farm legislation will remain in effect through the projection period, there are no shocks to the US or global economies or agricultural industries, and global weather is normal. Specific assumptions also are made for the macroeconomy and other countries’ policies. The projections are prepared in October through December each year, reflecting a composite of model results and judgment-based analysis.
It's a one pager PDF full of live links to agriculture-related data, statistics, and dashboards from leading industry sources. It will be a useful resource for any analyst, business executive, or researcher with an interest in the food security and prices, agricultural production and supply and much more.
Source: Food Balance SheetEconomyCrimeDemographicsGDP, current prices USDHomicide RateTotal Population ForecastGDP, PPP current intern. $HomicidesPopulation Growth Rate ForecastGDP per capita, current prices USDPercentage of homicides by firearmPopulation Density ForecastGDP per capita, PPP current intern. $Number of homicides by firearmMedian Age of the Population ForecastForeign Direct InvestmentHomicide by firearm rate Total populationTotal External Debt, USDAssault, ratePopulation Growth RateShare of AgricultureKidnapping, ratePopulation DensityShare of ManufacturingRobbery, rateMedian Age of PopulationShare of ServicesRape,...
Growing world population, global food demand and the lack of extensive factors of production push food and agriculture producers to find a new ways to increase output. According to USDA, private agriculture research and development (R&D) expenditures, increased from $6.9 billions in 2000 to $11 billions in 2010. R&D expenditures for crop seed & biotechnology, crop protection chemicals and farm machinery account for about 85% of total private R&D expenditures in the world. Try Agriculture 101 Quiz to check your knowlege of agriculture industry.
Here is a short summary about various Crop production & yield for the entire year. Select a Crop (49 different crops) from the drop down shown above. You may explore this dataset further for a specific season.