Trends in Global Soybean Production

by David A. Widmar

As 2017 got underway, the question on everyone mind was if U.S. soybean acres would exceed corn acres. While this didn’t happen, the stage was set by more favorable prices and budget returns for soybeans. Given soybeans more favorable position for U.S. producers in recent years, we step back to review the global soybean production trends. This post builds off earlier work that considered corn (here and here) and beef trends (here). More specifically, this week’s post considered changes in global soybean production, the source of those increases, and the major players. Continue reading

Trends in World Corn Production

by Brent Gloy

Following last week’s analysis of the trends in global corn consumption, this week we look at global corn production.  We examine which countries are the most important corn producers and how production area and yields have changed.  Much like corn consumption, a small number of countries dominate corn production.  This makes what happens in these countries particularly important to corn supplies in the short and long term. Continue reading