1 / 28

Corn Situation and Outlook

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

Download Presentation

Corn Situation and Outlook

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. Corn Situation and Outlook Historical Perspective and Outlook for 2007

  2. Corn Production, Ending Stocks, and Price, 1992-2007

  3. U.S. Corn Ending Stocks and Price, 1992-2007

  4. U.S. & Foreign Corn Ending Stocks 1996-2007

  5. Supply/Demand Projections:2007/2008 Corn ----------Supply/Demand ---------- Low/High Exp/Exp High/Low Beginning Stocks(MB) 987 987 987 Acres (MPA) 86.5 90.5 94.5 Acres (MHA) 79.2 82.9 86.6 Yield 140 150.3 160 Supply(M. Bu) 12095 13462 14835 Use: Feed 5700 Ethanol 3400 Food, Seed 1390 Exports 1975 Ending Stocks 588 997 1406 Projected Price $3.80 $3.20 $2.80

  6. Wheat Situation and Outlook Historical Perspective and Outlook for 2007

  7. Wheat Production, Ending Stocks, and Price, 1993-2007

  8. U.S. Wheat Ending Stocks and Price, 1993-2007

  9. U.S. & Foreign Wheat Ending Stocks, 1996-2007

  10. Supply/Demand Projections:2007/2008 Wheat ----------Supply/Demand ---------- Low/High Exp/Exp High/Low Beginning Stocks(MB) 417 417 417 Acres (M. A. Planted) 59.3 60.3 61.3 Acres (M.A. Harvested) 51.3 52.2 53.1 Yield 40.3 41.5 42.7 Supply(M. Bu) 2586 2684 2783 Use: Food, Seed 1011 Feed, Resid 230 Exports 1000 Ending Stocks 378 443 508 Projected Price $5.10 $4.50 $3.90

  11. Soybean Situation and Outlook Historical Perspective and Outlook for 2007

  12. Soybean Production, Ending Stocks, and Price, 1993-2007

  13. U.S. Soybean Ending Stocks and Price, 1993-2007

  14. U.S. Soybean Ending Stocks vs. Price, 1990-2007 ‘03 ‘96 ‘07 ‘95 ‘97 ‘06 ‘93 ‘04 ‘90 ‘05 ‘02 ‘94 ‘91 ‘92 ‘98 ‘99 ‘00 ‘01

  15. U.S. & Foreign Soybean Ending Stocks, 1996-2007

  16. U.S. & Foreign Soybean Meal Ending Stocks, 1997-2007

  17. U.S. & Foreign Soybean Oil Ending Stocks, 1997-2007

  18. Supply/Demand Projections:2007/2008 Soybeans ----------Supply/Demand ---------- Low/High Exp/Exp High/Low Beginning Stocks(MB) 610 610 610 Acres (MA Planted) 65.8 67.1 68.4 Acres (MA Harvested) 64.8 66.1 67.4 Yield 39.2 41.5 43.8 Supply(M. Bu) 3155 3359 3565 Use: Crushing 1790 Exports 1080 Seed, Feed 169 Ending Stocks 174 320 466 Projected Price $7.40 $6.95 $6.50

  19. Grain Sorghum Situation and Outlook Historical Perspective and Outlook for 2007

  20. Sorghum Production, Ending Stocks, and Price, 1996-2007

  21. U.S. Sorghum Ending Stocks and Price, 1996-2007

  22. Supply/Demand Projections:2007/2008 Sorghum ----------Supply/Demand ---------- Low/High Exp/Exp High/Low Beginning Stocks(MB) 48.0 48.0 48.0 Acres (M. P. A.) 6.8 7.1 7.4 Supply(M. Bu) 365 428 488 Use: Food & Seed 65 Exports 160 Feed 160 Ending Stocks 22 43 64 Projected Price $3.50 $3.25 $3.00

  23. Cotton Situation and Outlook Historical Perspective and Outlook for 2007

  24. Cotton Production, Ending Stocks, and Price, 1993-2007

  25. U.S. Cotton Ending Stocks and Price, 1993-2007

  26. U.S. & Foreign Cotton Ending Stocks, 1997-2007

  27. Supply/Demand Projections:2007/2008 Cotton ----------Supply/Demand ---------- Low/High Exp/Exp High/Low Beginning Stocks(MB) 9.8 9.8 9.8 Acres (M. P. A.) 11.8 12.2 12.5 Acres (MA Harvested) 10.7 11.0 11.3 Yield 764 820 873 Supply(MB) 26.8 28.6 30.4 Use: Domestic 4.4 Exports 17.5 Ending Stocks 4.4 6.7 9.0 Projected Price/cwt

  28. What Could Change The Outlook? • South America • Plant Mix • Non-Farm Economic Conditions in U.S., World – Oil Supplies, War • Exchange Rates • China • Weather

More Related