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Predecessor publications date back to the 19th century. In 1893, the USDA Division of Statistics published Production and distribution of the principal agricultural products of the world, a miscellaneous report representing several months of work in compiling the first overview of production of major crops around the world. [7]
The final estimate of corn production for the years 1950 to 1959 in the United States is given as some three billion bushels and in recent years, some nine billion bushels are produced each year. [2] Corn growth is dominated by west north central Iowa and east central Illinois. [11] In 2018, the national average production was 176 bushels per acre.
In reaction to falling grain prices and the widespread economic turmoil of the Dust Bowl (1931–39) and Great Depression (October 1929–33), three bills led the United States into permanent price subsidies for farmers: the 1922 Grain Futures Act, the June 1929 Agricultural Marketing Act, and finally the 1933 Agricultural Adjustment Act ...
In southern Illinois, the second biggest corn-producing state, farmers could actually lose up to $160 an acre growing corn this year, based on corn prices and the cost of production, University of ...
In something of a surprise today, corn prices gave back nearly all the gains they made in August, closing at the Chicago Board of Trade at $8.13/bushel. That's a 12% drop in the last week and a 7% ...
The spread between corn for December 2012 delivery and March 2013 delivery has narrowed from $0.145 in July to just $0.0375. The. From a mid-August peak of a record $8.49 a bushel, corn December ...
The international market price of wheat doubled from February 2007 to February 2008 hitting a record high of over US$10 a bushel. [92] Rice prices also reached ten-year highs. In some nations, milk and meat prices more than doubled, while soy (which hit a 34-year high price in December 2007 [93]) and maize prices have increased dramatically.
A massive population explosion in Europe drove wheat prices up. By 1770, a bushel of wheat cost twice as much as it did in 1720. [7] Farmers also expanded their production of flaxseed and corn since flax was in high demand in the Irish linen industry and a demand for corn existed in the West Indies.