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FUEL OIL V GC NO 6 3. SINGAPORE FUEL OIL 380 VS EURO 3. Chart of global trade volume in wheat, coarse grain and soybeans 1990 to 2008, and projected to 2016. United States Department of Agriculture, 2008. Chart of the United States stock to use ratio of soybeans, maize and wheat, from 1977 to 2007, and projected to 2016. United States Department of Agriculture, September 2007.
Record high prices occurred during the food price crisis followed by another surge in prices since 2010. Food and Agriculture Organization of the United Nations. The initial causes of the late-2006 price spikes included droughts in grain-producing nations and rising oil prices. The steep rise in crop yields in the US began in the 1940s. The percentage of growth was fastest in the early rapid growth stage.
In developed counties the yield growth slowdown has been less for maize than for wheat and soybeans. In developing countries maize yields are still rapidly rising. US pound, more than doubling the price in just seven months. Growth in food production was greater than population growth since 1961.