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Corn Situation and Outlook

Corn Situation and Outlook. Historical Perspective and Outlook for 2006. Corn Production, Ending Stocks, and Price, 1992-2006. U.S. Corn Ending Stocks and Price, 1992-2006. U.S. & Foreign Corn Ending Stocks 1996-2006. Supply/Demand Projections:2006/2007.

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Corn Situation and Outlook

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  1. Corn Situation and Outlook Historical Perspective and Outlook for 2006

  2. Corn Production, Ending Stocks, and Price, 1992-2006

  3. U.S. Corn Ending Stocks and Price, 1992-2006

  4. U.S. & Foreign Corn Ending Stocks 1996-2006

  5. Supply/Demand Projections:2006/2007 Corn ----------Supply/Demand ---------- Low/High Exp/Exp High/Low Beginning Stocks(MB) 1971 1971 1971 Acres (M. P. A.) 78.3 78.6 78.9 Yield 150 151 152 Supply(M. Bu) 12620 12725 12835 Use: Feed 6050 Ethanol 2150 Food, Seed 1390 Exports 2200 Ending Stocks 750 935 1120 Projected Price $3.20 $3.00 $2.80

  6. Wheat Situation and Outlook Historical Perspective and Outlook for 2006

  7. Wheat Production, Ending Stocks, and Price, 1993-2006

  8. U.S. Wheat Ending Stocks and Price, 1993-2006

  9. U.S. & Foreign Wheat Ending Stocks, 1996-2006

  10. Supply/Demand Projections:2006/2007 Wheat ----------Supply/Demand ---------- Low/High Exp/Exp High/Low Beginning Stocks(MB) 571 571 571 Acres (M. A. Planted) 57.2 57.3 57.4 Yield 38.6 38.7 38.8 Supply(M. Bu) 2479 2488 2495 Use: Food, Seed 1000 Feed, Resid 145 Exports 925 Ending Stocks 374 418 462 Projected Price $4.50 $4.10 $3.70

  11. Soybean Situation and Outlook Historical Perspective and Outlook for 2006

  12. Soybean Production, Ending Stocks, and Price, 1993-2006

  13. U.S. Soybean Ending Stocks and Price, 1993-2006

  14. U.S. Soybean Ending Stocks vs. Price, 1990-2006 ‘03 ‘96 ‘95 ‘97 ‘06 ‘93 ‘04 ‘90 ‘05 ‘02 ‘94 ‘91 ‘92 ‘98 ‘99 ‘00 ‘01

  15. U.S. & Foreign Soybean Ending Stocks, 1996-2006

  16. U.S. & Foreign Soybean Meal Ending Stocks, 1997-2006

  17. U.S. & Foreign Soybean Oil Ending Stocks, 1997-2006

  18. Supply/Demand Projections:2006/2007 Soybeans ----------Supply/Demand ---------- Low/High Exp/Exp High/Low Beginning Stocks(MB) 449 449 449 Acres (M. P. A.) 75.2 75.6 76.0 Yield 42.5 43.0 43.5 Supply(M. Bu) 3602 3657 3711 Use: Crushing 1780 Exports 1145 Seed, Feed 166 Ending Stocks 389 565 741 Projected Price $6.50 $6.00 $5.50

  19. Grain Sorghum Situation and Outlook Historical Perspective and Outlook for 2006

  20. Sorghum Production, Ending Stocks, and Price, 1996-2006

  21. U.S. Sorghum Ending Stocks and Price, 1996-2006

  22. Supply/Demand Projections:2005/2006 Sorghum ----------Supply/Demand ---------- Low/High Exp/Exp High/Low Beginning Stocks(MB) 65.0 65.0 65.0 Acres (M. P. A.) 6.2 6.3 6.4 Supply(M. Bu) 345 354 359 Use: Food & Seed 55 Exports 165 Feed 95 Ending Stocks 27 39 51 Projected Price $3.20 $3.00 $2.80

  23. Cotton Situation and Outlook Historical Perspective and Outlook for 2006

  24. Cotton Production, Ending Stocks, and Price, 1993-2006

  25. U.S. Cotton Ending Stocks and Price, 1993-2006

  26. U.S. & Foreign Cotton Ending Stocks, 1997-2006

  27. Supply/Demand Projections:2006/2007 Cotton ----------Supply/Demand ---------- Low/High Exp/Exp High/Low Beginning Stocks(MB) 6.0 6.0 6.0 Acres (M. P. A.) 15.2 15.3 15.4 Yield 783 798 811 Supply(MB) 26.9 27.4 27.9 Use: Domestic 5.2 Exports 16.2 Ending Stocks 4.6 6.0 7.4 Projected Price/cwt

  28. What Could Change The Outlook? • South America • Plant Mix • Non-Farm Economic Conditions in U.S., World – Oil Supplies, War • Exchange Rates • China • Weather

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