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Gain insights into the current U.S. corn and soybean markets. Explore supply/demand dynamics, crop ratings, world production data, meat production trends, advance export sales, ethanol grind figures, and futures prices. Discover the latest on new crop prospects, weather outlooks, and market potential for 2013 and beyond. Visit the provided web links for more detailed information. Stay informed and optimize your agricultural decisions with expert analysis.
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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/