1 / 27

2014 U.S. Grain Outlook C hris Hurt Purdue Extension Service August 2013, hurtc@purdue.edu

2014 U.S. Grain Outlook C hris Hurt Purdue Extension Service August 2013, hurtc@purdue.edu. $8.50. $8. $7.50. $4. $2 to $3. ’10 = 153 bu./ac ‘11 = 147 bu./ac ‘12 = 123 bu./ac. Moderation to What ? Base Today: $5.00 corn $12.00 beans 2.0% 10-Year Treasury. 1.1M acre/year.

doris
Download Presentation

2014 U.S. Grain Outlook C hris Hurt Purdue Extension Service August 2013, hurtc@purdue.edu

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. 2014 U.S. Grain Outlook Chris HurtPurdue Extension ServiceAugust2013, hurtc@purdue.edu Department of Agricultural Economics Purdue University

  2. $8.50 $8 $7.50 $4 $2 to $3 ’10 = 153 bu./ac ‘11 = 147 bu./ac ‘12 = 123 bu./ac Department of Agricultural Economics Purdue University

  3. Moderation to What?Base Today:$5.00 corn$12.00 beans2.0% 10-Year Treasury

  4. 1.1M acre/year 5.8M acre/year 1.5M acre/year Department of Agricultural Economics Purdue University

  5. 243 Million acres added in 9 years

  6. Department of Agricultural Economics Purdue University

  7. Department of Agricultural Economics Purdue University

  8. Department of Agricultural Economics Purdue University

  9. Department of Agricultural Economics Purdue University

  10. Department of Agricultural Economics Purdue University

  11. Department of Agricultural Economics Purdue University

  12. Department of Agricultural Economics Purdue University

  13. $4.46 Department of Agricultural Economics Purdue University

  14. Department of Agricultural Economics Purdue University

  15. August 23 to 29 Precip Moisture Department of Agricultural Economics Purdue University

  16. Department of Agricultural Economics Purdue University

  17. Department of Agricultural Economics Purdue University

  18. Department of Agricultural Economics Purdue University

  19. Department of Agricultural Economics Purdue University

  20. $11.62 Department of Agricultural Economics Purdue University

  21. Department of Agricultural Economics Purdue University

  22. Department of Agricultural Economics Purdue University

  23. Department of Agricultural Economics Purdue University

  24. Department of Agricultural Economics Purdue University

  25. Tea Leaves 2013-2016 Moderation-with a Downward Slope?? Next 4 Years: Time to be cautious for some and aggressive for others? Department of Agricultural Economics Purdue University

  26. Department of Agricultural Economics Purdue University

More Related