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The creation of USDA's Crop Reporting Board in 1905 (now called the Agricultural Statistics Board) was another landmark in the development of a nationwide statistical service for agriculture. A USDA reorganization in 1961 led to the creation of the Statistical Reporting Service, known today as National Agricultural Statistics Service (NASS).
On October 14, 1980, the report was released for the first time as the World Agricultural Supply and Demand Estimates and it was the first report to provide categorized estimates for the world, US, total foreign, major importers and major exporters. [8] Estimates for individual countries were first included in the report released on January 11 ...
Between 1930 and 1942, the United States' share of world soybean production grew from 3% to 47%, and by 1969 it had risen to 76%. By 1973 soybeans were the United States' "number one cash crop, and leading export commodity, ahead of both wheat and corn". [8] Although soybeans developed as the top cash crop, corn also remains as an important ...
The US is the world's largest producer of corn. [8] According to the United States Department of Agriculture (USDA), the average U.S. yield for corn was 177 bushels per acre, up 3.3 percent over 2020 and a record high, with 16 states posting state records in output, and Iowa reporting a record of 205 bushels of corn per acre.
China is loading up on soybeans amid US trade war fears. China's soybean imports rose 6.5% in 2024, hedging against potential Trump trade policies. Intensifying US-China trade tensions could hit ...
The 2012–2013 North American drought, an expansion of the 2010–2013 Southern United States drought, originated in the midst of a record-breaking heat wave.Low snowfall amounts in winter, coupled with the intense summer heat from La Niña, caused drought-like conditions to migrate northward from the southern United States, wreaking havoc on crops and water supply. [1]
Roughly one-third of U.S. government spending to insure the nation's crops since 2011 has gone to insurance companies that derive more than $1 billion in profit from the program each year ...
In effect CCC set a minimum price for crops such as corn, cotton and wheat. The second program was the Agricultural Adjustment Administration (AAA). It paid farmers to replace part of their cash crops with soil conservation grasses. This hoped to reduce the crop supply on the open market and was intended to artificially inflate prices.