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Stay informed about latest U.S. corn and soybean supply, world production data, livestock margins, crop prices, and currency strength. Get expert insights on export sales, ethanol market, and Iowa farm outlook. Visit the Iowa State University website for detailed information.
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Crop Market Outlook Feb. 11, 2016 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 Yield Estimate Top: 2015 Estimated Yields Bottom: Change from last year Units: Bushels/acre Source: USDA-NASS
Soybean Yield Estimate Top: 2015 Estimated Yields Bottom: Change from last year Units: Bushels/acre Source: USDA-NASS
World Corn Production Source: USDA-WAOB
World Soybean Production Source: USDA-WAOB
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
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
U.S. Meat Production & Prices Source: USDA-WAOB
Corn Export Sales Source: USDA-FAS
Soybean Export Sales Source: USDA-FAS
Strength of the U.S. Dollar Source: Federal Reserve
Crude Oil Prices Sources: EIA and CME
Current Corn Futures 3.71 3.61 3.54 Source: CME Group, 2/11/2016
Current Soybean Futures 8.66 8.48 8.45 Source: CME Group, 2/11/2016
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/