What in the World is Going On With Acres?
By Brent Gloy
Last week we looked at how the increase in acreage of U.S. principle crops contributed to abundant grain supplies. The basic point was that increased acreages and strong yields have helped to produce abundant crop supplies. While the U.S. is certainly a key producer of the principle crops that we discussed, we thought it would be important to look at these trends a bit more broadly. This week we examine how world harvested acres have changed. (more…)