USDA reports that per capita flour consumption in 2023 fell to the lowest level in 37 years. Flour production and exports were lower, but so were flour imports. The question is why? It has been noted that consumers in developing countries with rising incomes tend to switch from rice consumption to wheat and products intake. Is there a converse decline in wheat and wheat flour intake with changes in income? According to the FAO, despite modest income per capita, Serbia has the highest per capita intake of wheat and products. Türkiye has relatively high wheat and products per capita intake but there are large subsidies for its processing. Japan has relatively lower wheat intake despite higher income. Looking at the past decade, percent...

TAGS – Wheat, North America