210 likes | 215 Views
Market Forces Affecting Distillers Grains. 20 th Annual Distillers Grains Symposium St. Louis, Missouri May 18, 2016 Chad Hart Associate Professor/Crop Markets Specialist chart@iastate.edu 515-294-9911. U.S. Corn Supply and Use. Source: USDA-WAOB. Corn Prospective Plantings.
E N D
Market Forces Affecting Distillers Grains 20th Annual Distillers Grains Symposium St. Louis, Missouri May 18, 2016 Chad Hart Associate Professor/Crop Markets Specialist chart@iastate.edu 515-294-9911
U.S. Corn Supply and Use Source: USDA-WAOB
Corn Prospective Plantings Top: 2016 Plantings Bottom: Change from last year Units: 1,000 acres Source: USDA-NASS
Change in Planted Area Units: 1,000 acres Source: USDA-NASS
Corn Planting Progress Source: USDA-NASS
World Corn Production Source: USDA-WAOB
U.S. Meat Production & Prices Source: USDA-WAOB
Corn Export Sales Source: USDA-FAS
Strength of the U.S. Dollar Source: Federal Reserve
Crude Oil Prices Sources: EIA and CME, as of 5/16/16
Ethanol Exports Source: EIA
U.S. DDG Supply and Use Source: USDA-ERS
DDG Exports Source: USDA
DDG Exports to China Source: USDA
Current Corn Futures 3.92 3.78 3.71 Source: CME Group, 5/16/2016
ENSO Cycle Source: NOAA-CPC
Thank you for your time!Any questions?My web site:http://www2.econ.iastate.edu/faculty/hart/Iowa Farm Outlook:http://www2.econ.iastate.edu/ifo/Ag Decision Maker:http://www.extension.iastate.edu/agdm/