Grain, Oilseed, and Biofuel Outlook. Chad Hart Center for Agricultural and Rural Development Iowa State University E-mail: firstname.lastname@example.org January 18, 2008 Pro Ag Outlook Harlan, Iowa. Nearby Corn Futures. Corn Futures As Of 1/16/2008. Corn Market Factors. Domestic demand changes
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.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.
Center for Agricultural and Rural Development
Iowa State University
January 18, 2008
Pro Ag Outlook
WMO data indicate that temperatures were not high enough to cause significant widespread damage to corn advancing through the tasseling and silking stages.
Crop Weather Summary
January 10, 2008
Crops and products
Soybean oil (¢/lb)
Soybean meal ($/s.t.)
*Average price for August-November 2007. USDA is prohibited by law from publishing cotton price projections.
Source: Renewable Fuels Association
Gasoline and ethanol prices are monthly average rack prices for Omaha
Biofuel targets: 5.75% by 2010
10% by 2020
Biodiesel mandate: 5% by 2010
Biodiesel mandate: 2% in 2008
5% by 2010
Many U.S. producers have targeted the EU market