Corn situation and outlook
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Corn Situation and Outlook. Historical Perspective and Outlook for 2008. Corn Production, Ending Stocks, and Price, 1992-2008. U.S. Corn Ending Stocks and Price, 1992-2008. U.S. & Foreign Corn Ending Stocks 1996-2008. Supply/Demand Projections:2007/2008.

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Corn Situation and Outlook

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Corn situation and outlook

Corn Situation and Outlook

Historical Perspective and Outlook for 2008


Corn production ending stocks and price 1992 2008

Corn Production, Ending Stocks, and Price, 1992-2008


U s corn ending stocks and price 1992 2008

U.S. Corn Ending Stocks and Price, 1992-2008


U s foreign corn ending stocks 1996 2008

U.S. & Foreign Corn Ending Stocks 1996-2008


Supply demand projections 2007 2008

Supply/Demand Projections:2007/2008

Corn----------Supply/Demand ----------

Low/High Exp/Exp High/Low

Beginning Stocks(MB) 1304 1304 1304

Acres(MPA) 93.5 93.6 93.7

Acres (MHA) 86.4 86.5 86.6

Yield 151.0 151.1 151.2

Supply(M. Bu) 14337 1439314412

Use:

Feed 5950

Ethanol 3200

Food, Seed 1355

Exports 2450

Ending Stocks 1251 1438 1625

Projected Price $4.50 $4.00 $3.50


Wheat situation and outlook

Wheat Situation and Outlook

Historical Perspective and Outlook for 2008


Wheat production ending stocks and price 1993 2008

Wheat Production, Ending Stocks, and Price, 1993-2008


U s wheat ending stocks and price 1993 2008

U.S. Wheat Ending Stocks and Price, 1993-2008


U s foreign wheat ending stocks 1996 2008

U.S. & Foreign Wheat Ending Stocks, 1996-2008


Supply demand projections 2007 20081

Supply/Demand Projections:2007/2008

Wheat----------Supply/Demand ----------

Low/High Exp/Exp High/Low

Beginning Stocks(MB) 456 456 456

Acres(M. A. Planted) 60.3 60.4 60.5

Acres (M.A. Harvested) 50.9 51.0 51.1

Yield 40.4 40.5 40.6

Supply(M. Bu) 2603 2613 2620

Use:

Food, Seed 1031

Feed, Resid 115

Exports 1175

Ending Stocks 267 292 317

Projected Price $6.75 $6.50 $6.25


Soybean situation and outlook

Soybean Situation and Outlook

Historical Perspective and Outlook for 2008


Soybean production ending stocks and price 1993 2008

Soybean Production, Ending Stocks, and Price, 1993-2008


U s soybean ending stocks and price 1993 2008

U.S. Soybean Ending Stocks and Price, 1993-2008


U s foreign soybean ending stocks 1996 2008

U.S. & Foreign Soybean Ending Stocks, 1996-2008


U s foreign soybean meal ending stocks 1997 2008

U.S. & Foreign Soybean Meal Ending Stocks, 1997-2008


U s foreign soybean oil ending stocks 1997 2008

U.S. & Foreign Soybean Oil Ending Stocks, 1997-2008


Supply demand projections 2007 20082

Supply/Demand Projections:2007/2008

Soybeans ----------Supply/Demand ----------

Low/High Exp/Exp High/Low

Beginning Stocks(MB) 574 574 574

Acres(MA Planted) 63.5 63.6 63.7

Acres (MA Harvested) 62.7 62.8 62.9

Yield 40.8 41.2 41.5

Supply(M. Bu) 3138 3165 3190

Use:

Crushing 1830

Exports 995

Seed, Feed 165

Ending Stocks 137 175 213

Projected Price $11.50 $10.50 $9.50


Grain sorghum situation and outlook

Grain Sorghum Situation and Outlook

Historical Perspective and Outlook for 2008


Sorghum production ending stocks and price 1996 2008

Sorghum Production, Ending Stocks, and Price, 1996-2008


U s sorghum ending stocks and price 1996 2008

U.S. Sorghum Ending Stocks and Price, 1996-2008


Supply demand projections 2007 20083

Supply/Demand Projections:2007/2008

Sorghum ----------Supply/Demand ----------

Low/High Exp/Exp High/Low

Beginning Stocks(MB) 32.0 32.0 32.0

Acres(M. P. A.) 7.6 7.7 7.8

Supply(M. Bu) 528 537 543

Use:

Food & Seed 35

Exports 285

Feed 175

Ending Stocks 29 42 55

Projected Price $4.25 $4.00 $3.75


Cotton situation and outlook

Cotton Situation and Outlook

Historical Perspective and Outlook for 2008


Cotton production ending stocks and price 1993 2008

Cotton Production, Ending Stocks, and Price, 1993-2008


U s cotton ending stocks and price 1993 2008

U.S. Cotton Ending Stocks and Price, 1993-2008


U s foreign cotton ending stocks 1997 2008

U.S. & Foreign Cotton Ending Stocks, 1997-2008


Supply demand projections 2007 20084

Supply/Demand Projections:2007/2008

Cotton----------Supply/Demand ----------

Low/High Exp/Exp High/Low

Beginning Stocks(MB) 9.5 9.5 9.5

Acres(M. P. A.) 10.82 10.83 10.84

Acres (MA Harvested) 10.48 10.49 10.50

Yield 866 871 875

Supply(MB) 28.4 28.5 28.6

Use:

Domestic 4.6

Exports 16.0

Ending Stocks 6.6 7.9 9.2

Projected Price/cwt $68 $64$62


What could change the outlook

What Could Change The Outlook?

  • South America

  • Plant Mix

  • Non-Farm Economic Conditions in U.S., World – Oil Supplies, War

  • Exchange Rates

  • China

  • Weather


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