Tag Archives: crops

Why is barley an important commodity?

Barley is an important commodity for several reasons. It is a widely grown cereal crop and a major source of food, feed, and malt for brewing and distilling industries. Barley is a hardy crop that can grow in a variety of climates and soil types, making it well-suited to cultivation in many parts of the world. It’s a versatile crop that can be used in a variety of ways such as human consumption, animal feed, brewing, and malting. Barley is also an important ingredient in the production of beer, whiskey and other distilled beverages. It’s a valuable crop for farmers as well as for food and beverage industries.

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Why is rice an important commodity?

Rice is an important commodity for several reasons. It is a staple food for over half of the world’s population, and is a major source of nutrition and caloric intake for people in many developing countries. Rice is also an important crop for small-scale farmers and rural communities, as it is relatively easy to grow and requires less water and land than many other staple crops. Additionally, rice is used in a wide range of cultural and traditional dishes, and its cultivation has social, economic, and environmental importance.

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Why is corn an important commodity?

Corn is an important commodity for several reasons. It is one of the most widely grown crops in the world, and is a major source of food, feed, and fuel. Corn is a staple food in many countries, and is also used to feed livestock and produce ethanol for fuel. Additionally, corn is used in the production of a wide range of industrial products, including plastics, adhesives, and chemicals. It’s a versatile crop that plays a key role in the global economy.
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Why is wheat an important commodity?

Wheat is a strategically important commodity because it is a staple food for a large portion of the world’s population. It is the fourth most-produced cereal crop globally, after corn, rice, and barley, and it is a major source of calories and protein for people in many countries. The demand for wheat is relatively inelastic, which means that changes in price do not significantly affect the quantity of wheat that is consumed. This makes it an important crop for farmers and a reliable source of revenue for countries that export it. Additionally, wheat is a key input for many processed foods and is used in a wide range of industrial and non-food products. Its role as important source of food, income, and other uses make it significant from strategic perspective.

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U.S. Drought Threatens Crops and Cattle – July 18, 2012

  1. Drought dims U.S. farm economy hopes – Joshua Zumbrun and Mark Drajem, Bloomberg (Futures Magazine)
  2. Drought Worsens for Farmers and Ranchers – Jennifer Preston | The Lede (New York Times)
  3. Drought wreaking havoc on cattle, hog farmers – Jeff Caldwell (Agriculture.com)
  4. Huge Dramatic Photos Of The Drought That’s Devastating America’s Farmland – Mamta Badkar and Rob Wile (Business Insider)
  5. Here’s Every Product On The Planet That Has Corn In It [INFOGRAPHIC] – Rob Wile (Business Insider)