Tuesday, August 7, 2018

Graphs: World Wheat, Soybean, Corn Production, Consumption, Ending Stocks

This is an interesting USDA graph beginning in the mid-60's and ending in 2016/2017 for wheat, soybeans, and corn.

(click to enlarge)

The corn consumption is for fuel use, too.

How wrong were all those journalistic alarm-sounding voices of ten years ago warning that the world would soon be running out of food.