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Crop Market Outlook

Detailed analysis of U.S. corn and soybean supply, yield estimates, world production, livestock crush margins, export sales, currency strength, crude oil prices, crop margins, and price vs. cost trends in Iowa's agriculture sector.

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Crop Market Outlook

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  1. Crop Market Outlook Northeast Iowa Research and Demonstration Farm Fall Field Day Nashua, Iowa Aug. 26, 2016 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. Corn Yield Estimates Top: 2016 Yield Bottom: Change from last year Units: Bushels/acre Source: USDA-NASS

  5. Corn Yield Data Source: USDA-NASS

  6. Early Soybean Yield Estimate

  7. Soy Yield Estimates Top: 2016 Yield Bottom: Change from last year Units: Bushels/acre Source: USDA-NASS

  8. World Corn Production Source: USDA-WAOB

  9. World Soybean Production Source: USDA-WAOB

  10. Hog Crush Margin The Crush Margin is the return after the pig, corn and soybean meal costs. Carcass weight: 200 pounds Pig price: 50% of 5 mth out lean hog futures Corn: 10 bushels per pig Soybean meal: 150 pounds per pig Source: ISU Extension

  11. Cattle Crush Margin The Crush Margin is the return after the feeder steer and corn costs. Live weight: 1250 pounds Feeder weight: 750 pounds Corn: 50 bushels per head Source: ISU Extension

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

  13. Advance Corn Export Sales Source: USDA-FAS

  14. Advance Soybean Export Sales Source: USDA-FAS

  15. Strength of the U.S. Dollar Source: Federal Reserve

  16. Crude Oil Prices Sources: EIA and CME

  17. Corn Grind for Ethanol

  18. Ethanol Stocks

  19. Current Corn Futures 3.51 3.13 Source: CME Group, 8/25/2016

  20. Current Soybean Futures 9.29 8.87 Source: CME Group, 8/25/2016

  21. 2016/17 Crop Margins

  22. 2017/18 Crop Margins

  23. Iowa Corn Prices vs. Costs

  24. Iowa Soybean Prices vs. Costs

  25. 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/

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