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Crop Outlook & Grain Flows

Crop Outlook & Grain Flows. Iowa Farm Bureau’s Economic Summit Ames, Iowa July 22, 2014 Chad Hart Associate Professor/Crop Markets Specialist chart@iastate.edu 515-294-9911. U.S. Corn Supply and Use. Source: USDA-WAOB. U.S. Soybean Supply and Use. Source: USDA-WAOB.

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Crop Outlook & Grain Flows

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  1. Crop Outlook & Grain Flows Iowa Farm Bureau’s Economic Summit Ames, Iowa July 22, 2014 Chad Hart Associate Professor/Crop Markets Specialist chart@iastate.edu 515-294-9911

  2. U.S. Corn Supply and Use Source: USDA-WAOB

  3. U.S. Soybean Supply and Use Source: USDA-WAOB

  4. Principal Crop Acreage Source: USDA-NASS

  5. Crop Shifts Source: USDA-NASS

  6. World Corn Production Source: USDA-WAOB

  7. World Soybean Production Source: USDA-WAOB

  8. U.S. Meat Production & Prices Source: USDA-WAOB

  9. Corn Export Shifts Source: USDA-FAS

  10. Soy Export Shifts Source: USDA-FAS

  11. Corn Grind for Ethanol

  12. 2013/14 Crop Prices

  13. 2014/15 Crop Margins

  14. Thoughts for 2014 and Beyond • Supply/demand concerns • Record acreage for soybeans, much larger shift than expected • Still potential for both record corn and soybean crops • Markets are adjusting downward to absorb projected supplies • El Niño watch for summer continues

  15. Thank you for your time!Any questions?My web site:http://www.econ.iastate.edu/~chart/Iowa Farm Outlook:http://www.econ.iastate.edu/ifo/Ag Decision Maker:http://www.extension.iastate.edu/agdm/

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