Executive SummaryU.S. soybean farmers depend on transportation as the critical link between their fields and markets here and abroad. Since the early 1990s, U.S. soybean farmers have been responding to world demand for more protein feed for the growing meat and poultry sectors in developing economies, especially China. This report examines transportation implications of the recent trends and outlook for U.S. soybeans.
Executive SummaryAmerica's farmers depend on transportation as the critical link between the fields of growers and the tables of consumers, both here and abroad. Transportation is a derived demand because the production and consumption of an agricultural commodity create the demand for transportation services. As such, it is an essential part of marketing; any change in supply or demand of the underlying commodity or commodities that compete for transportation services can affect the transport system's efficiency by bringing about either shortages or surpluses in transportation capacity. This report examines transportation implications of the recent trends and outlook for U.S. corn.
America's farmers depend on transportation as the critical link between the fields of growers and the tables of consumers, both here and abroad. Transportation demand is a derived demand because the production and consumption of an agricultural commodity create the demand for transportation services. As such, it is an essential part of marketing; any change in supply or demand of the underlying commodity or commodities that compete for transportation services can affect the transport system's efficiency by bringing about either shortages or surpluses in transportation capacity. Freight transportation is a critical element of U.S. agricultural competitiveness in the world grain markets. This report examines transportation implications of the recent trends and outlook for U.S. wheat.
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