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Iowa Agriculture

Iowa Agriculture. Washington Rotary Washington, Iowa Mar. 17, 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. Iowa Corn Prices vs. Costs.

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Iowa Agriculture

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  1. Iowa Agriculture Washington Rotary Washington, Iowa Mar. 17, 2016 Chad Hart Associate Professor/Crop Markets Specialist chart@iastate.edu 515-294-9911

  2. U.S. Corn Supply and Use Source: USDA-WAOB

  3. U.S. Soybean Supply and Use Source: USDA-WAOB

  4. Iowa Corn Prices vs. Costs

  5. Net Farm Income

  6. Corn Production Costs

  7. 2015 Iowa Land Values

  8. 2015 Iowa Land Values - % Change

  9. Iowa’s top 10 manufactured exports, 2014 1. Tractors $966 million 2. Herbicides 374 million 3. Aircraft engines/parts 284 million 4. Aluminum alloy plates 245 million 5. Front-end loaders 222 million 6. Special purpose vehicles 149 million 7. Harvesting machinery 144 million 8. Refrigerator-freezers 135 million 9. Misc. ag machinery 133 million 10. Excavators 127 million Source: http://www.census.gov/foreign-trade/statistics/state/data/ia.html

  10. Iowa’s state export rankings, 2014 # 2 Soybeans $3.089 billion # 1 Pork $2.325 billion # 2 Corn $1.662 billion # 2 Feeds $1.354 billion # 2 Soybean meal $710 million # 4 Beef $410 million # 2 Vegetable oils $394 million # 2 Hides $377 million # 12 Dairy $164 million Source: USDA Economic Research Service, “State Export Data”

  11. Iowa’s Economy

  12. Iowa’s Economy Farm Machinery

  13. Iowa’s Economy Dept. of Ag.

  14. Iowa’s Economy Farm Leases

  15. Iowa’s Economy Crop Insurance

  16. Iowa’s Economy

  17. Arable Land

  18. 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/

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