A large geographic area characterized by rich soils and favourable climates that allow it to produce enormous quantities of staple crops, particularly wheat, corn, or soybeans. These regions generate enough yield to feed populations far beyond their own borders. Agronomists and commodity traders monitor these zones closely, as weather events in a breadbasket directly impact global food prices and supply chains.
If the drought in the breadbasket continues through July, we're going to see feed grain prices skyrocket by harvest time.
Also heard as
- food bowl
Related terms
Arable
Land that is suitable for or actively used to grow crops requiring tillage.
Commodity exchange
A centralized market where agricultural products are bought and sold through standardized contracts.
Cash crop
An agricultural crop grown specifically to be sold for profit rather than for the farmer's own use.