What are the top 10 agricultural commodities


Top Agricultural Commodity Producing Countries

Commodity Top Producing Country Annual Production
Barley European Union 58,765 (thousand metric tons)
Cocoa Ivory Coast 1,449 (thousand metric tons)
Coffee Brazil 2,595 (thousand metric tons)
Corn United States 377,500 (thousand metric tons)

Apr 26 2022

In 2020, the 10 largest sources of cash receipts from the sale of U.S.

The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territories, 326 Indian reservations, and nine minor outlying islands.
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-produced farm commodities were (in descending order): cattle/calves, corn, soybeans, dairy products/milk, miscellaneous crops, broilers, hogs, wheat, chicken eggs, and hay.Mar 22, 2022


What are the different types of agricultural commodities?

What Are the Different Agricultural Commodities? 1 Cereal Grains: A Primary Food Source. Farmers grow these commodities as: 2 Oilseeds: What Remains After The Oil? 3 Meat: A Food Source. 4 Dairy: Post-19th Century Food Products. 5 Other Soft Commodities. More items

What are the most produced agricultural commodities in the US?

Intensive farming by mechanization plays an important role in US agriculture and has established the country as a top global food producer. The most produced agricultural commodities in the country are highlighted below. The United States is the world’s largest producer of corn.

What are the most common grain commodities?

The most common grain commodities include the following: Grain commodities often serve similar purposes. For example, corn, oats, and barley all function as food sources for livestock. Depending on price, farmers will choose one grain over the other.

Should you invest in agricultural commodities?

Investors looking for exposure to agricultural commodities may prefer, instead, to own an agriculture-focused exchange-traded fund (ETF). These ETFs provide diversification by investing in futures contracts of a range of different commodities, or by diversifying the maturity of the futures contracts held for a single commodity.


What are the top 3 agriculture commodities?

Common agricultural commodities include dairy products, wheat, and coffee. You can invest in and “trade” these products virtually, without running a farm and purchasing and storing the items yourself.

What are 5 agricultural commodities?

Top 10 Agricultural Commodities In CaliforniaDairy Products and Milk — $6.37 Billion. … Grapes — $6.25 Billion. … Almonds — $5.47 Billion. … Cattle and Calves — $3.19 Billion. … Pistachios — $2.62 Billion. … Strawberries — $2.34 Billion. … Lettuce — $1.81 Billion. … Floriculture — $1.22 Billion.More items…•

What are the 8 major commodity areas of the agricultural industry?

Still, eight commodity groupings account for nearly three-fifths of total U.S. agricultural exports in terms of value: 1) soybeans and soybean products; 2) corn and corn products; 3) tree nuts; 4) cattle, beef, and beef products; 5) swine, pork, and swine products; 6) live poultry, poultry meat, eggs, and products; 7) …

What are the top 5 agricultural commodities in your state?

State by State DataRankStateAgricultural Commodity#2IowaGrains, oilseeds, dry beans, and dry peas#3IllinoisGrains, oilseeds, dry beans, and dry peas#4TexasCattle and calves#5MinnesotaGrains, oilseeds, dry beans, and dry peas6 more rows•Apr 11, 2019

What are agriculture commodities?

Agricultural commodities include any crop planted and produced by annual tilling of the soil, including one-trip planters, or sugarcane. Annual crops are generally considered agricultural commodities.

What are the top 10 countries that the US exports ag products to?

Share this articleCanada … US$211.9 billion (up 31.7% from 2002)Mexico … $120.4 billion (up 23.5%)Japan … $55.5 billion (up 7.8%)China … $41.9 billion (up 89.6%)United Kingdom …$38.6 billion (up 16.3%)Germany … $34.2 billion (up 28.6%)South Korea … $27.8 billion (up 23%)Netherlands … $26.5 billion (up 44.8%)More items…•

What are the 5 branches of agriculture?

Crop production (Arable farming) includes growing of the following. Olericulture is the growing of vegetables such as French beans, Cabbages and Tomatoes….branches of agricultureLivestock production.Crop production.agricultural economics.agricultural engineering.

What does the U.S. export most?

America’s 5 biggest export products by value in 2021 were refined petroleum oils, crude oil, petroleum gases, cars and electronic integrated circuits. In aggregate, those major exported goods accounted for 18.8% of overall exports sold by the United States.

What does the U.S. produce the most?

These are the top US exportsTop U.S. goods exports.Food, beverage and feed: $133 billion. … Crude oil, fuel and other petroleum products: $109 billion. … Civilian aircraft and aircraft engines: $99 billion. … Auto parts, engines and car tires: $86 billion. … Industrial machines: $57 billion.Passenger cars: $53 billion.More items…•

What is the most profitable commodity?

7 Most Profitable Commodities Investing IdeasCrude Oil. As crude oil tops the list in commodity investing, the demand of crude oil increases everyday as it is used to make gasoline and other items such as cosmetics, fertilizers, plastics and even medicines. … Gold. … Natural Gas. … Coffee. … Aluminum. … Copper. … Nickel.

What are 5 of California’s top 10 commodities?

California’s Top 10 Agricultural CommoditiesDairy Products, Milk — $7.47 billion.Almonds — $5.62 billion.Grapes — 4.48 billion.Pistachios — $2.87 billion.Cattle and Calves — $2.74 billion.

What are the top 10 agricultural commodities in Georgia?

Georgia is perennially the number one state in the nation in the production of peanuts, broilers (chickens), pecans, blueberries and spring onions. We are also at or near the top when it comes to cotton, watermelon, peaches, eggs, cucumbers, sweet corn, bell peppers, tomatoes, cantaloupes, rye and cabbage.

What Are Agricultural Commodities?

Agricultural commodities are staple crops and animals produced or raised on farms or plantations.

Why Are Agricultural Commodities Important?

Virtually every living being on the planet depends on the agricultural industry in one way or another.

What Key Global Trends Impact Agriculture?

Several long-term trends could create trading opportunities in agriculture over the next two decades:

How can traders follow the broad agricultural market?

Traders can follow the broad agricultural market by monitoring the performance of some of the main indices that track the sector.

Why do modern farms need to integrate the latest technologies into their operations?

Modern farms will need to integrate the latest technologies into their operations to boost productivity and take on the competition.

What are cereal grains?

Cereal Grains: A Primary Food Source. Farmers grow these commodities as: Food source for humans. Food source for animals. Feedstock for fuels (in some cases) The most common grain commodities include the following: Wheat.

Why do farmers grow commodities?

Farmers grow them for (a) the high oil content in their seeds and (b) the meal that remains after the oil is extracted:

What is the biggest commodity in the US?

Corn is America’s biggest agricultural commodity. The United States’ (US) agricultural sector produces over $300 billion in commodities annually and employs millions of people. At the start of the decade, American farmers owned over 2.2 million farms, and although agriculture is practiced in every US state, it is concentrated in the Great Plains …

Which country has the most corn?

The United States is the world’s largest producer of corn. In 2018, the nation had 89.1 million acres of land under corn, 81.7 million acres of which were harvested, while the rest was converted to silage. That same year American farmers harvested over 14.4 billion bushels of corn worth $51.9 billion. Most of the corn is used as an energy source in …

What are the challenges faced by farmers?

Despite the progress achieved over the past century, US farmers face similar challenges as those experienced in the 18th and 19th centuries. Weeds, insects, and crop diseases are among the traditional challenges, while new problems include climate change and competition from other countries such as China. Heavy and frequent rainfall erodes so il and damage roots, preventing plants from reaching maturity. Extreme floods, especially along major rivers like the Missouri and Mississippi, lead to massive losses such as the $8 billion loss experienced in 2008. The European corn borer thrives in warm and wet conditions, such as those in the Corn Belt, and as a result, the pest has caused millions of dollars in losses each year. However, despite these setbacks, the United States remains a significant player in the global agriculture market.

What is corn used for?

Most of the corn is used as an energy source in the production of livestock feed, while the rest is used in the manufacture of food and industrial ingredients such as sweeteners, starch, corn oil, alcohol, and ethanol. Additionally, between 10 to 20% of US corn is exported.

Where is corn grown in the US?

Approximately 90% of US corn is produced in the Corn Belt, which includes the state of Iowa, Nebraska, Minnesota, Illinois, Indiana, Texas, and Alabama. Alaska is also a major producer of corn.

Which country produces the most soybeans?

The United States is the world’s top soybean producer. In 2018, the country produced over 120 million tonnes, representing 34% of global production. The United States exports about 42% of its soybeans, and uses the remainder to process human and animal foods, as well as to produce biodiesel.

How much money did corn borers lose in 2008?

Extreme floods, especially along major rivers like the Missouri and Mississippi, lead to massive losses such as the $8 billion loss experienced in 2008. The European corn borer thrives in warm and wet conditions, such as those in the Corn Belt, and as a result, the pest has caused millions of dollars in losses each year.

Why is it important to have exposure to direct agricultural commodities?

With inflation pressures waxing and waning many believe it’s important to have exposure to direct agricultural commodities. Why? Commodity markets often feature noncorrelated performance with conventional portfolios. Further when prices of foodstuffs are rising it makes sense to be able to profit or even hedge against these events. This naturally would include other commodity ETF/ETN products that have come to market directed toward metals, energies and currencies. We’ve cobbled some good choices together and where repetitive choices exist we’ve paired some together with similarities just too hard to ignore.

Why do commodity charts have shorter time horizons?

This is due to obvious increased volatility but also due to the peculiar nature with which underlying commodity contracts trade. Some contracts expire monthly and others quarterly. Some have serious seasonal characteristics inherent with agricultural issues such as growing seasons, weather and disease. Therefore, it pays to be more active and utilize a combination of

What is the UBS grain fund?

follows the Dow Jones-UBS Grains Subindex Total Return which is an index composed of just three futures contracts in Soybeans, Corn and Wheat. The fund was launched in October 2007. The expense ratio is .75%. AUM equals $163 million and average daily trading volume is 129K shares. As of mid-December 2011 a dividend would be highly unlikely and YTD return was -2.30%.

What are the commodities that are considered valuable?

Everything from valuable and practical commodities like precious metals and oil to the less obvious and questionable such as unsecured debt and catastrophe bonds.

Which commodity is traded the most?

While there are many types of energy commodities available to trade, it’s the black gold which is traded the most. Brent Crude Oil is mostly traded on the ICE (Intercontinental Exhange), whereas WTI is mostly traded on CME (Chicago Mercantile Exchange). The Brent Crude Oil production is more scalable than the competing WTI. As WTI is drilled and stored inland, there are a number of logistical obstacles that limit production.

How many contracts are traded in NYMEX 2020?

In June 2020, following the WTI Futures price crash, the NYMEX (New York Mercantile Exchange) revived trading volumes, with an average of 1,870 contracts being traded each day.

How much is coffee worth in 2020?

In July 2020, 1,756,010 Coffee Futures Contracts were traded on the ICE. In the US alone, the retail coffee industry is worth $18 billion annually. The enormous global demand makes coffee one of the most traded commodities in the world.

What is a commodity?

A commodity is a raw material that can be used to produce other finished goods. A raw commodity cannot be consumed in the form that it is sold on commodity exchanges. For example, coffee, which is one of the most traded commodities in the world, cannot be simply picked from a plant and put into a cup.

What are the different types of steel traded?

Different standards of steel are traded on exchanges around the world. There is scrap steel, hot-rolled coil steel, steel rebar and others.

What is the most liquid exchange for soybeans?

One of the most liquid exchanges for trading Soybeans is the CBOT.

What are the commodities that are important to the food supply?

Agricultural commodities like corn, soybeans, and wheat are essential to the food supply, thus spawning a giant global commodities market to buy and sell them. However, individual agricultural commodities are subject to dramatic volatility related to factors including weather, season, population, and more.

How many agricultural commodity ETFs are there?

There are 6 distinct agricultural commodity ETFs that trade in the U.S., excluding inverse and leveraged funds as well as funds with less than $50 million in assets under management (AUM). These ETFs provide exposure to agricultural commodities, not agricultural companies. Agricultural commodities, as measured by the S&P GSCI Agriculture Index, …

What is corn used for?

Corn is used as feed, fuel, starch, sweetener, and even plastic. 3 Investors may find CORN appealing as a hedge against inflation or simply as a tactical tilt towards a specific segment of the agricultural market within a broader portfolio. The fund’s sole holding is corn futures contracts of multiple maturities. 4.



  • Agricultural cash receipts: $5.3 billion Top ag commodity: Broilers Land-grants: Auburn University; Alabama A&M University, Normal; Tuskegee University Alabama is known for its strong agricultural background. Although broilers are the state’s number one commodity, cotton is the …

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  • Agricultural cash receipts: $38.7 million Top ag commodity: Aquaculture Land-grant: University of Alaska Fairbanks Alaska is known as the biggest state of the union. However, as large as it is, few acres are deemed as cropable or could be used to raise livestock. Interestingly enough, 90 percent of Alaska land is owned by a government agency. According to the USDA’s National Agri…

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  • Agricultural cash receipts: $23.3 billion Top ag commodity: Dairy Land-grant: University of Arizona Arizona has a strong and unique agriculture background. While generating over 138,000 jobs, the agriculture industry has roots in Arizona’s economy and affects every industry. Arizona is the third largest producing state for fresh market vegetables. Additionally, Arizona produced 455.7 millio…

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  • Agricultural cash receipts: $9.5 billion Top ag commodity:Broilers Land-grants: University of Arkansas, Fayetteville; University of Arkansas at Pine Bluff, Pine Bluff Agriculture is Arkansas’ largest industry, adding $9.5 billion into the economy. Not only is agriculture a major player for the state economy, but Arkansas also ranks No. 1 in rice production across the country. With agricul…

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  • Agricultural cash receipts: $45 billion Top ag commodity: Dairy Land-grants: D-Q University; University of California System-Oakland California has a very unique agriculture industry. With its climate and ability to grow commodities year round, California has a strong fruit and vegetable industry. California is also the world’s top producer of almonds! In addition to growing almonds, …

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  • Agricultural cash receipts:$580 million Top ag commodity:Nursery & horticulture Land-grant:University of Connecticut, Storrs Even though Connecticut is one of the smaller states, it still has a strong agricultural presence. With over 5,500 farm operations, Connecticut has over 12 percent of its land involved in agriculture. The top commoditiesinclude floriculture, dairy product…

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  • Agricultural cash receipts: $1.5 billion Top ag commodity:Broilers Land-grants:Delaware State University, Dover; University of Delaware, Newark Delaware is a small state with a big agricultural punch! According to the 2017 Census of Agriculture, Delaware had 2,302 farms that produced $1.5 billion in agricultural sales. Delaware ranks No. 1 nationally in the value of agricultural sale…

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  • Agricultural cash receipts:$7.3 billion Top ag commodity:Floriculture Land-grants: Florida A&M University, Tallahassee; University of Florida, Gainesville Florida is known as the Sunshine State, which means it can grow a variety of crops that many other states can not. For example, Florida ranks first in the U.S. in the value of production of cucumbers, grapefruit, squash, sugarcane, fre…

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  • Agricultural cash receipts:$9.5 billion Top ag commodity:Poultry Land-grants:Fort Valley State University, Fort Valley; University of Georgia, Athens Although Georgia is known for its peaches, it actually leads the nation in poultry, peanut, and pecan production, while ranking third in peaches. The highest ranking, poultry, actually accounted for 57 percent of Georgia’s total market value o…

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