High-value agricultural products such as processed foods are becoming increasingly important for both the production and trade of the United States. Efficiency gains in primary agriculture may be transferred to the processed food sector in the form of cheaper inputs because price declines and...

The European sovereign debt problem became the focus of world attention in 2010, when the interest rates on Greek government bonds rose dramatically, requiring immediate action by the European Union to avoid an imminent default. It has become clear that the problem is not limited to Greece, but...

World food production reached a record high in 1986, exceeding 1985's record by about 1 percent, despite declining food output in Latin America, the United States, Western Europe, and Oceania. World food production generally increased faster than population from 1977 to 1986. Production of...