Marketing Year
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A marketing year is a period of one year (or sometimes less), designated for reporting and (or) analysis of production, marketing and disposition of a commodity. (Disposition of an agricultural crop might include such uses as food, animal feed, industry, seed, and export, as well as changes in stocks.) Because of year-to-year fluctuations in production, much marketing and disposition of some commodities may reflect production that occurred during a previous calendar year. For this reason, analysis is often facilitated if the marketing year for a crop commences at about the time of harvest. However, world markets or other factors may also influence choice of beginning date for the marketing year for some commodities in some countries. Especially in the case of certain perishable fresh fruits and vegetables, the marketing year may be less than a full year in length, because economic activity of interest for reporting and analysis may be concluded within just a few months.


Crop marketing years in various nations

:Wheat – The marketing year commences April 1 for
Japan Japan is an island country in East Asia. Located in the Pacific Ocean off the northeast coast of the Asia, Asian mainland, it is bordered on the west by the Sea of Japan and extends from the Sea of Okhotsk in the north to the East China Sea ...
, June 1 for the
United States The United States of America (USA), also known as the United States (U.S.) or America, is a country primarily located in North America. It is a federal republic of 50 U.S. state, states and a federal capital district, Washington, D.C. The 48 ...
, July 1 for the European Union and New Zealand, August 1 for Canada and October 1 for Australia.OECD-FAO Agricultural Outlook 2007-2016 http://www.oecd.org/tad/agricultural-trade/38893266.pdf :Coarse grains - The marketing year commences April 1 for Japan, July 1 for the
European Union The European Union (EU) is a supranational union, supranational political union, political and economic union of Member state of the European Union, member states that are Geography of the European Union, located primarily in Europe. The u ...
and
New Zealand New Zealand () is an island country in the southwestern Pacific Ocean. It consists of two main landmasses—the North Island () and the South Island ()—and List of islands of New Zealand, over 600 smaller islands. It is the List of isla ...
, August 1 for
Canada Canada is a country in North America. Its Provinces and territories of Canada, ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, making it the world's List of coun ...
and October 1 for
Australia Australia, officially the Commonwealth of Australia, is a country comprising mainland Australia, the mainland of the Australia (continent), Australian continent, the island of Tasmania and list of islands of Australia, numerous smaller isl ...
. The US marketing year commences June 1 for barley and oats and September 1 for corn (maize) for grain and sorghum for grain.United States Department of Agriculture. 2009. Agricultural prices 2008 summary. http://usda.mannlib.cornell.edu/usda/current/AgriPricSu/AgriPricSu-08-05-2009.pdf :Oilseed – The marketing year commences April 1 for Japan, July 1 for the European Union and New Zealand, August 1 for Canada and October 1 for Australia. The US marketing year begins June 1 for canola (
rapeseed Rapeseed (''Brassica napus'' subsp. ''napus''), also known as rape and oilseed rape and canola, is a bright-yellow flowering member of the family Brassicaceae (mustard or cabbage family), cultivated mainly for its oil-rich seed, which naturall ...
), and September 1 for soybeans and sunflower seed. :Rice – The marketing year commences April 1 for Japan and Australia, August 1 for the United States, September 1 for the European Union, October 1 for Mexico, November 1 for Korea and January 1 for other countries.


Commodity marketing years in the United States

For the following commodities, the United States marketing year is a full year, commencing on the date indicated: :January 1: cattle, sheep, lambs, wool, mohair, milk, turkeys, honey, cauliflower, celery, lettuce, onions, strawberries, sweet corn, tomatoes :May 1 hay :June 1: barley, oats, wheat :July 1: canola, flax seed, apples (fresh) :August 1: cotton, peanuts, rice :September 1: corn for grain, sorghum for grain, soybeans, sweet potatoes, hops :December 1: broilers, eggs, hogs. For some of the above commodities, the marketing year in some US states differs from that for the US as whole. For several other commodities, notably some perishable fruits and vegetables and some tobacco categories, the marketing year for the US and (or) for various US states is less than a 12-month period.


References

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