• BROOKINGS, S.D. - By 2022 the U.S. share of world corn exports is expected to grow to almost 46 percent, which would mean South Dakota's farmers need to increase production by 40 million bushels to meet projected demand increases said Kim Dillivan, Crops Business Management Field Specialist, South Dakota State University Extension.
• 
Globally demand for agriculture commodities continues to grow due to population and income growth.
• "According to the USDA, population growth and rising incomes will likely result in an increase in world food demand during the next decade, particularly in developing economies. For many of these countries, increases in demand will outpace domestic production and will require an increase in imports," Dillivan said. "Specifically, larger populations, rising incomes, and an expanding middle class in developing countries will result in added consumption of protein-rich foods as consumers substitute higher quality foods for staples. Increased consumption of livestock products in developing countries will result in increased demand, not only of livestock and livestock products, but in the commodities used as feed."
•  • Dillivan added that along with improving economies worldwide, world population growth also impacts increased demand.
• "Population growth is projected to average about 1 percent per year over the next decade; lower than the average annual rate of 1.2 percent from the last decade. Much of this growth will be in developing countries. As a result, by 2022, 82 percent of the world will live in developing countries, up from 80 percent in 2010. In 2012, 37 percent of the world's population lived in China and India," he said.
• In developing countries, average annual economic growth is projected at 5.6 percent from 2012 to 2022, including China at 7.8 and India at 7.5. Dillivan said both of these countries are projected to realize a doubling of real per capita income during the next decade. In developing countries, larger populations and higher incomes will result in increased consumption of beef, pork, dairy, and poultry as low- and middle-income consumers increasingly find protein-rich food items more affordable.
• "Future increases in food imports will come mainly from developing economies," he said. "These countries are expected to be responsible for 92 percent of the increase in world meat, grain and oilseed imports."
• Dillivan added that Africa and the Middle East will be responsible for about 50

(Continued on page 6)