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The following list, derived from the statistics of the United Nations' Food and Agriculture Organization (FAO), lists the most valuable agricultural products produced by the countries of the world. [1] The data in this article, unless otherwise noted, was reported for 2016.
Along with climate and corresponding types of vegetation, the economy of a nation also influences the level of agricultural production. Production of some products is highly concentrated in a few countries, China, the leading producer of wheat and ramie in 2013, produces 95% of the world's ramie fiber but only 17% of the world's wheat.
Feeder cattle futures contracts, traded on the Chicago Mercantile Exchange (CME), can be used to hedge and to speculate on the price of feeder cattle. Cattle producers can hedge future buying and selling prices for feeder cattle through trading feeder cattle futures, and such trading is a common part of a producer's risk management program. [11]
The United States Department of Agriculture (USDA) is an executive department of the United States federal government that aims to meet the needs of commercial farming and livestock food production, promotes agricultural trade and production, works to assure food safety, protects natural resources, fosters rural communities and works to end hunger in the United States and internationally.
The IPCC has estimated that agriculture (including not only livestock, but also food crop, biofuel and other production) accounted for about 10 to 12 percent of global anthropogenic greenhouse gas emissions (expressed as 100-year carbon dioxide equivalents) in 2005 [67] and in 2010. [68] Cattle produce some 79 million tons of methane per day.
The first USDA agency formally tasked with data collection was the Division of Statistics, created in 1863, one year after the USDA itself was created. [1] By 1902, a Division of Foreign Markets had been created, and the following year, that division was merged with the Division of Statistics to form the Bureau of Statistics. [1]
The following is a list of countries by live animal exports. Data is for 2019, in millions of United States dollars , as reported by International Trade Centre . [ 1 ] Currently the top twenty countries are listed.
Annual changes in prices received by farmers, top and bottom countries in 2022. Farmed products might be sold either to a market, in a farmers' market, or directly from a farm. In a subsistence economy, farm products might to some extent be either consumed by the farmer's family or pooled by the community.