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Oklahoma State University

Situation and Outlook. Kim Anderson. Oklahoma State University. United States: Corn. United States: Soybeans. Apr 9 Drought Monitor. Apr 23 Drought Monitor. April 18 - 30 day Precipitation. April 18 90-day Precipitation. April 18 30-day Temperature. April 18 90-day Temperature.

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Oklahoma State University

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  1. Situation and Outlook Kim Anderson Oklahoma State University

  2. United States: Corn

  3. United States: Soybeans

  4. Apr 9 Drought Monitor

  5. Apr 23 Drought Monitor

  6. April 18 - 30 day Precipitation

  7. April 18 90-day Precipitation

  8. April 18 30-day Temperature

  9. April 18 90-day Temperature

  10. Drought Forecast

  11. Apr 4 Drought Forecast

  12. Wheat

  13. U. S.Price EndingStocks Year Production Consumption U.S. Wheat Situation (Billion Bushels)

  14. EndingStocks Year Production Consumption World Wheat Situation (Billion Bushels)

  15. Daily Cash Price June 2003 – April 11

  16. Daily Cash Price June 2008 – April 11

  17. Daily Basis Jan 2003 – April 2013

  18. Average Mo. June Price; Basis 2008 – 2012 $8.19; -$0.67 $7.90; -$0.29 $5.80; -$0.57 $6.42; -$0.32 $3.69; -$1.11 Avg. $6.40

  19. Oklahoma Average Mo. Price June 2008 – May 2013

  20. KCBT July Wheat: Daily

  21. Wheat U.S. and world wheat stocks near average June 2013 $7.00

  22. Corn

  23. U. S.Price EndingStocks Year Production Consumption U.S. Corn Situation (Billion Bushels)

  24. CBT July Corn: Daily $6.19

  25. CBT Dec Corn: Daily $0.95 $5.24

  26. CBT Corn: Weekly Nearest $7.50 vs. $5.25  30%

  27. Corn U. S. and world stocks below average. 2012/13 Ethanol production use 4.5 bb 2012/13 Corn ending stocks 7.57 mb 2012 prices average $6.90 13 prices $5.75

  28. Soybean

  29. U. S.Price EndingStocks Year Production Consumption U.S. Soybean Situation (Billion Bushels)

  30. EndingStocks Year Production Consumption World Soybean Situation (Billion Bushels)

  31. CBT Nov Beans: Weekly Nearest

  32. CBT Nov Soybeans: Daily $14.50 vs. $12  17%

  33. Soybean Outlook: • U.S. stocks below average. • World stocks average. • Prices average $14.00

  34. Cotton

  35. U. S.Price EndingStocks Year Production Consumption U.S. Cotton Situation (Million Bales)

  36. EndingStocks Year Production Consumption World Cotton Situation (Million Bales)

  37. NYCE Dec Cotton: Daily

  38. Outlook: • U.S. cotton stocks below average • World stocks above average • Prices expected to average 70¢

  39. Providing Inspiration for Agricultural Success www.agecon.okstate.edu/anderson

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