what is the primary commodity crop in the u.s. course hero

What are cover crops?

Cover crops—such as unharvested cereal rye, oats, winter wheat, or clover— are typically added to a crop rotation during the period in between two commodity or forage crops. Cover crops provide a living, seasonal coverage of soil that can result in a variety of on-farm benefits such as increased soil moisture capacity.

Who wrote the economic perspective on soil health?

An Economic Perspective on Soil Health, by Maria Bowman, Steven Wallander, and Lori Lynch, USDA, Economic Research Service, September 2016

How has cover crop acreage increased over time?

Nationally, cover crop acreage has increased over time as conservation programs have promoted cover crop adoption through research, technical assistance, and financial assistance. Many of the fields with only 1 or 2 years of cover crops are planting those in the third or fourth year surveyed, suggesting that they may be new adopters. In addition, between corn and soybeans, the more persistent adoption among soybean acreage may have more to do with the later timing of the soybean survey (2018) relative to the corn survey (2016).

What is PLC in agriculture?

Price Loss Coverage (PLC). The 2018 Farm Act updates the PLC program to pay producers with eligible historical base acres when a covered commodity’s market-based effective price (the greater of the commodity’s marketing year average price or its Nonrecourse Marketing Assistance Loan rate) falls below its effective reference price. (See discussion above.) Under the 2018 Farm Act, PLC also offers producers a one-time opportunity to update their payment yields that take effect beginning with the 2020 crop year. For each covered commodity, the update is defined as 90 percent of the farm’s average yield per planted acre over crop years 2013-17 (excluding any years where the farm’s acreage planted in the crop was zero), multiplied by a ratio that is constrained to lie between 0.9 and 1 and is calculated as the crop’s average national yields in 2008-12 divided by the crop’s average national yields in 2013-17.

What is the title of the 2018 Farm Act?

Title I of the 2018 Farm Act authorizes USDA’s Farm Service Agency to administer a variety of producer support programs, many of which carry over from the 2014 Farm Act with minor adjustments.

What is the Farm Act?

The 2018 Farm Act raises the loan rates (table 3) for many commodities (the price per unit—pound, bushel, bale, or hundredweight—at which the Commodity Credit Corporation provides commodity-secured loans to farmers for a specified period of time).

How does the USDA help farmers?

USDA assists farmers by providing information on the planting and harvesting dates for major field crops by state.

Why is the Agricultural Statistics Book published?

The Agricultural Statistics Book is published each year to meet the diverse need for a reliable reference book on agricultural production, supplies, consumption, facilities, costs, and return.

What information does the USDA provide?

USDA provides information such as crop bulletins, historical data, planting and harvesting dates, and plant hardiness zone maps to assist producers in planning and managing the production of their crops.

What is the purpose of the USDA?

USDA strives to sustain and enhance economical crop production by developing and transferring sound, research-derived, knowledge to agricultural producers that results in food and fiber crops that are safe for consumption .

What is the weekly report of the USDA?

USDA creates a weekly report during the growing season listing planting, fruiting, and harvesting progress and overall conditions in the major planting states.

What is the USDA report?

USDA creates an annual report outlining crop acreage, yields, areas harvested, and other production information.

What are the most traded commodities in the US?

The most exported commodities, therefore some of the most produced and traded commodities in the US are refined and crude petroleum, cotton, soybeans, corn, and wheat. These commodities fall under agricultural and energy commodities. Other agricultural commodities produced in the US on a large scale include live cattle, feeder cattle, and hogs.

What is the focus of the US economic guide?

In this US economic guide we provide an overview of the US economy with a focus on the country’s primary imports and exports of goods and services.

How many countries produce crude oil?

There are close to one hundred countries that produce crude oil. There are five significant producers who account for 48% of the world’s total and the United States is the third largest with an 11% share of global production numbers.

Which country exports the most soybeans?

The U.S is the top exporter of soybeans and has 45% market share compared to Brazil with 38% and all the other countries who control much less than 10% of the remaining soybean exports.

Which state imports the most sweaters?

Each state in the U.S has a favorite import when you look at the figures, with Wisconsin importing the most sweaters and pullovers and Washington D.C the biggest importer of medicine overall.

Which country has the largest cotton exports?

Cotton: Over Double India’s Exports. The U.S is the dominant force in cotton trade and controls 43% of the export market with its nearest rival India having a 15% share, followed by Brazil and Australia both on 13%. China is the biggest importer of raw cotton at 22% with Turkey at 17% and Indonesia at 15%.

Where is wheat exported?

Wheat is exported to many different countries with Indonesia the biggest importer at 8.5% and followed by Italy at 6.3%.