Image:GlobalTrade wheat coarse grain soy 2008 usda.png

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Description

Global trade in soybeans and soybean products has risen rapidly since the early 1990s, and has surpassed not only wheat—the traditional leader in agricultural commodity trade—but also total coarse grains (corn, barley, sorghum, rye, oats, millet, and mixed grains). Continued strong growth in global demand for vegetable oil and protein meal, particularly in China, is expected to maintain soybean and soybean-product trade well above wheat and coarse grains trade throughout the next decade.

  • Wheat, coarse grains, and oilseeds (including soybeans) compete with each other and with other crops for limited cropland. Higher prices for vegetable oils, partially the result of increased demand for biodiesel, are bringing previously uncropped land in Brazil and Indonesia into soybean and palm oil production.
Source

http://www.ers.usda.gov/briefing/Baseline/gallery/gallery2008/GlobalTrade.gif
Date

2008
Author

Economic research unit of the USDA, us federal gov
Permission
(Reusing this image)

pd-us gov
Other versions Updated version 2008-04-08: convert to PNG, fade "projections" on graph

[edit] Licensing

Public domain This work is in the public domain in the United States because it is a work of the United States Federal Government under the terms of Title 17, Chapter 1, Section 105 of the US Code. See Copyright.

Note: This only applies to works of the Federal Government and not to the work of any individual U.S. state, territory, commonwealth, county, municipality, or any other subdivision.

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