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Corn and Soybean Outlook. AAEA Washington, DC Aug. 5, 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 Crop Rating. Soybean Crop Rating.
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Corn and Soybean Outlook AAEA Washington, DC Aug. 5, 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
World Corn Production Source: USDA-WAOB
World Soybean Production Source: USDA-WAOB
U.S. Meat Production & Prices Source: USDA-WAOB
Corn Advance Export Sales Source: USDA-FAS
Soybean Advance Export Sales Source: USDA-FAS
Current Corn Futures 4.58 4.50 4.33 Source: CME Group, 8/2/2013
Current Soybean Futures 11.18 10.97 10.49 Source: CME Group, 8/2/2013
Thoughts for 2013 and Beyond • Supply/demand concerns • Can the new crop beat the summer heat? So far, so good • Then can it beat the freeze? • New crop ratings are decent, Eastern vs. Western Corn Belt • Corn demand rebounding?
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/