Linking Research and Innovation Private Sector Perspective
Jane DeMarchiDirector of Government Affairs for
Research and TechnologyNational Association of Wheat
Growers
U.S. National average return per acre for - major crops
2009
/10
2010
/11
2011
/12
2012
/13
2013
/14
2014
/15
2015
/16
2016
/17
2017
/18
2018
/19
2019
/20
2020
/21$0
$50$100$150$200$250$300$350$400$450$500$550
Corn Wheat Soybeans
Net
Ret
urns
per
Acr
e
$351/acre - soybeans
$152/acre - wheat
$474/acre - corn
1960
/1961
1963
/1964
1966
/1967
1969
/1970
1972
/1973
1975
/1976
1978
/1979
1981
/1982
1984
/1985
1987
/1988
1990
/1991
1993
/1994
1996
/1997
1999
/2000
2002
/2003
2005
/2006
2008
/2009
0
20
40
60
80
100
120
140
160
180
Yield Comparison - Wheat and CornUnited States
Corn Wheat
Yiel
d -
Bus
hels
per
Acr
e
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Conclusion
• Research is critical to solving global hunger problems
• Technology and private investment will be critical to new discoveries
• Small farmers need access to off-farm income
• Extension, markets, transportation are critical to all farmers everywhere