1 / 20

ECON 339X: Agricultural Marketing

ECON 339X: Agricultural Marketing. Chad Hart Assistant Professor chart@iastate.edu 515-294-9911. John Lawrence Professor jdlaw@iastate.edu 515-294-7801. Today’s Topic. USDA Reports & A Reminder on Marketing Plans. Grain Stocks and Prospective Plantings. Source: USDA-NASS.

macy
Download Presentation

ECON 339X: Agricultural Marketing

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. ECON 339X: Agricultural Marketing Chad Hart Assistant Professor chart@iastate.edu 515-294-9911 John Lawrence Professor jdlaw@iastate.edu 515-294-7801

  2. Today’s Topic USDA Reports & A Reminder on Marketing Plans

  3. Grain Stocks and Prospective Plantings Source: USDA-NASS

  4. Survey Approach Source: USDA-NASS

  5. Corn Stocks Source: USDA-NASS

  6. Soybean Stocks Source: USDA-NASS

  7. Intended vs. Actual Source: USDA-NASS

  8. Principal Crop Area Source: USDA-NASS

  9. Principal Crop Area Source: USDA-NASS

  10. Corn Hist. Acreage & Intentions for ‘11 Source: USDA-NASS

  11. Corn Hist. Acreage & Intentions for ‘11 Source: USDA-NASS

  12. Soy Hist. Acreage & Intentions for ‘11 Source: USDA-NASS

  13. Soy Hist. Acreage & Intentions for ‘11 Source: USDA-NASS

  14. Marketing Plan Assignment

  15. Old Crop or Existing Livestock

  16. New Crop or New Livestock

  17. Deadlines • Feeder Cattle • Ready to market 2nd week of April • Will buy 305 head 3rd week of April • Corn and Soybeans • Each crop needs $70,000 by April 15 to cover mortgage and planting costs

  18. Building a Marketing Plan 5 basic steps: • Estimate number of bushels/animals to sell • Calculate breakeven price • Project price and production scenarios • Compare pricing tools and analyze market opportunities • Develop a pricing plan

  19. Source: Ed Usset University of Minnesota, CFFM

  20. Class web site: http://www.econ.iastate.edu/~chart/Classes/econ339/Spring2011/

More Related