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Gain insights into the current state of U.S. corn and soybean markets, planting statistics, yield projections, global production, meat prices, exports, ethanol industry, and futures prices. Explore supply/demand concerns and planting progress for informed decision-making.
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2013 Crop Market Outlook ISU Extension Farm Management In-service Nashua, Iowa May 20, 2013 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
Corn Planting Stats Source: USDA-NASS
Corn Emergence Stats Source: USDA-NASS
Corn Yields Year with planting progress like this year
Corn Yields Weather analog year, 1947
Soybean Planting Stats Source: USDA-NASS
Soybean Yields Year with planting progress like this year
World Corn Production Source: USDA-WAOB
World Soybean Production Source: USDA-WAOB
U.S. Meat Production & Prices Source: USDA-WAOB
Corn Export Shifts Source: USDA-FAS
Soy Export Shifts Source: USDA-FAS
Corn Advance Export Sales Source: USDA-FAS
Corn Advance Export Sales Source: USDA-FAS
Soybean Advance Export Sales Source: USDA-FAS
Soybean Advance Export Sales Source: USDA-FAS
Current Corn Futures 4.99 4.94 Source: CME Group, 5/16/2013
Current Soybean Futures 11.59 11.52 Source: CME Group, 5/16/2013
Thoughts for 2013 and Beyond • Supply/demand concerns • Planting progress or lack thereof • Old crop is still short and new crop is not proceeding quickly • Corn demand rebounding? Ethanol has recovered slightly
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/