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Ag. Markets: Bubble or Balloon?. US Bank Ag. Conference Ashland, Nebraska Sept. 25, 2012 Chad Hart Associate Professor/Grain Markets Specialist chart@iastate.edu 515-294-9911. Prices. U.S. Meat Production & Prices. Source: USDA-WAOB. Total Acreage Shift. Source: USDA-NASS.
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Ag. Markets: Bubble or Balloon? US Bank Ag. Conference Ashland, Nebraska Sept. 25, 2012 Chad Hart Associate Professor/Grain Markets Specialist chart@iastate.edu 515-294-9911
U.S. Meat Production & Prices Source: USDA-WAOB
Total Acreage Shift Source: USDA-NASS
Acreage Shift by State Top: Planted in 2012 Bottom: Change from 2011 Units: 1,000 acres Source: USDA-NASS
Acreage Shift by Crop Acreage change from 2011 Units: 1,000 acres Source: USDA-NASS
Corn Projections Source: FAPRI-MO
Soybean Projections Source: FAPRI-MO
Wheat Projections Source: FAPRI-MO
AVERAGE VALUES all grades 1950−2011
AVERAGE VALUES adjusted for inflation
PERCENTAGE CHANGE from previous year, 1950−2011
Land Value & Cash Rental Rate Trends Source: ISU Extension Economics
Land Allocation Source: FAPRI-MO
U.S. Pork Projections Source: FAPRI-MO
U.S. Beef Projections Source: FAPRI-MO
Food Price Projections Source: FAPRI-MO
Senate Proposal, 2013-2017 $ per acre Source: FAPRI-MO
House Proposal, 2013-2017 $ per acre Source: FAPRI-MO
Gov. Expenditures, 2013-2017 $ million Source: FAPRI-MO
Change in Expenditures, 2013-2017 Source: FAPRI-MO
Payments as a Share of Receipts Source: FAPRI-MO
Population Source: U.S. Census Bureau, International Data Base
GDP Growth Source: USDA-ERS
GDP Growth Source: USDA-ERS
World Meat Consumption Source: USDA-PSD
Liquid Fuel Usage Source: DOE-EIA
Population Source: U.S. Census Bureau, International Data Base
10 Largest Economies (GDP Rank) Source: PwC, The World in 2050, January 2011
Population vs. arable land share of global share of global population arable land China 19% 5% India 17% 10% US 5% 13%
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/