World Agricultural Supply and Demand Estimates

Size: px
Start display at page:

Download "World Agricultural Supply and Demand Estimates"

Transcription

1 World Agricultural Supply and Demand Estimates Report of Interagency Commodity Estimates Committee Forecasts World Agricultural Outlook Board, Chairing Agency Economic Research Service Foreign Agricultural Service Farm Service Agency Agricultural Marketing Service

2 Links to the latest WASDE related publications Office of the Chief Economist World Agricultural Outlook Board (WAOB) WASDE: World Agricultural Supply and Demand Estimates Secretary's WASDE Briefing Slides Foreign Ag Service: World Agricultural Production Weekly Weather and Crop Bulletin US Drought Monitor ( in cooperation with NOAA and NDMC)

3 World Wheat Production Country or Region 2017/2018 estimate 2018/2019 forecast May / Million Tons World United States Foreign Argentina Canada Australia European Union Turkey Russia Ukraine Kazakhstan China India Northwest Africa No change.

4

5 5

6 May, 2018 Pronounced dryness accompanied the May heat in parts of northeast Europe.

7 May, 2018 More notably, April & May were much warmer than normal, accelerating crop development.

8 Northeastern Europe s primary winter crop areas are showing signs of crop stress due in part to heat and dryness.

9 Total EU Wheat Production Change: -1.0 mmt EU Wheat Production, Area, and Yield Changes Data Source: USDA Total EU Wheat Area Change: EU Wheat Yield Percent Change: (%) 9

10 EU Rapeseed Production Change: -0.6 (million metric tons) EU Rapeseed Production, Area and Yield Changes Data Source: USDA EU Rapeseed Area Change: EU Rapeseed Yield Percent Change: (%) NONE

11 80% of Central 63% of Volga

12 Russia Ukraine Central Southern Volga N. Caucasus Despite showers over the past 1 to 3 weeks, acute moisture shortages persist. Winter Wheat

13 May, 2018 Russia Ukraine Central Southern Volga N. Caucasus Pronounced warmth especially during May accelerated wheat development following a cold start to the spring. Winter Wheat

14 Russia Ukraine Central Southern Volga N. Caucasus The latest VHI suggests wheat yields have slipped, though localized showers have aided prospects in the far south (N. Caucasus). Winter Wheat

15 5.0 Russia: Estimated Winter Wheat Yield by District Tons per hectare Russia Central Southern N Caucasus Volga Sources: Rosstat ( ); USDA forecasts (2018)

16

17 WMO-CPC Russia Urals Siberia 250% Volga Kazakhstan +200% Rain for spring wheat planting and emergence has been locally excessive, particularly in the Siberia District. Spring Wheat

18 16,000 14,000 12,000 Russia: Spring Wheat Sowing Progress As of June 9, wheat had been planted on mha compared to mha by the same date last year. 1,000 hectares 10,000 8,000 6,000 4,000 2,000 0 Apr 21 Apr 28 May 5 May 12 May 19 May 26 June 2 June 9 June 16 June Source: Ministry of Agriculture

19 Area (MHa) and Production (MMT) Russia Wheat: Estimated Area, Yield, and Production The production forecast is decreased from 72.0 mmt in May to 68.5 mmt in June based on a reduction in the forecast yield for winter wheat and a decrease in the estimated area for spring wheat Yield (T/Ha) Harvested area Production Yield Source: USDA PSD Online

20

21 63% of wheat area indexed as Good to Excellent. (vs. 67% last year) Major Wheat Area

22 India Wheat Production Production (MMT) e Source: PS&D Online

23 World Wheat Supply and Use Item 2017/2018 estimate 2018/2019 forecast May / Million Tons Beginning stocks Production Total Supply 1, , Feed use Total use Trade Ending Stocks

24 U.S. Wheat Supply and Demand Item 2017/ /2019 Estimate May 10 Forecast May /2018 Planted area (million acres) Harvested area (million acres) Yield (bushels per acre) Million bushels Beginning stocks 1, , Production 1, , Imports Total supply 3, , Food use Seed Feed and residual Domestic use 1, , Exports Total use 1, , Ending stocks 1, Percent Stocks to use ratio Dollars per bushel Average market price / No change.

25 World Rice Production Country or Region 2017/2018 estimate 2018/2019 forecast May / Million Tons World United States Foreign Argentina ** Brazil Egypt Bangladesh Burma Cambodia China India Indonesia Japan ** Sri Lanka Pakistan Philippines ** Thailand Vietnam No change.

26 Item World Rice Supply and Use 2017/2018 estimate 2018/2019 forecast May / Million Tons Beginning stocks Production Total Supply Total use Trade Ending Stocks

27 U.S. Rice Supply and Demand Item 2017/ /2019 Estimate May 10 Forecast May /2018 Planted area (million acres) Harvested area (million acres) Yield (bushels per acre) 7, , Million cwt Beginning stocks Production Imports Total supply Domestic use Exports Total use Ending stocks Percent Stocks to use ratio Dollars per cwt Average market price 12.30/ / No change.

28 Country or Region World Corn Production 2017/ /2019 Estimate May 10 Forecast May / Million Tons World 1, , United States Foreign Argentina Brazil Mexico Canada European Union Serbia FSU ** Ukraine Russia South Africa China India No change. ** Rounds to zero.

29 Brazil Corn (Second Crop) Acre Amazonas Roraima Rondonia Amapa Maranhao a Para Piaui d Mato Grosso f Tocantins Bahia b c e a Ceara b Rio Grande do Norte c Paraiba d Pernambuco e Alagoas f Sergipe h Espirito Santo i Rio de Janeiro Aw: Tropical wet and dry Goias Cr: Subtropical Rain Mato Grosso do Sul Santa Catarina Parana Sao Paulo Minas Gerais i h Corn Production *Average ( ) Minor Production Intensity *Source: IBGE Major Second-crop corn calendar for most of Brazil NOV DEC Plant Period of Highest Intensity JAN FEB MAR APR MAY JUN JUL AUG SEP OCT * Later planting (Apr Jul) in northeast Agricultural Weather Assessments World Agricultural Outlook Board Harvest Rio Grande do Sul Leading Second-Crop Corn Producers 1) Mato Grosso 2) Parana 3) Mato Grosso do Sul 4) Goias

30 Brazil: Normal Daily Rainfall (mm) 9 Early June 8 7 Mato Grosso 6 5 Parana Jul-01 Jul-23 Aug-14 Sep-05 Sep-27 Oct-19 Nov-10 Dec-02 Dec-24 Jan-15 Feb-06 Feb-28 Mar-22 Apr-13 May-05 May-27 Jun-18 Agricultural Weather Assessments World Agricultural Outlook Board Parana MT

31 Percent of Normal Rainfall (%) May 2018 Temperature Departure from Normal (C) May 2018 Roraima Roraima Amapa Amapa Amazonas Para Maranhao Amazonas Para Maranhao Piaui Piaui Acre Acre Mato Grosso Tocantins Mato Grosso Tocantins (%) Rondonia Bahia ( C) Rondonia Bahia Goias Minas Gerais Goias Minas Gerais Mato Grosso do Sul Sao Paulo Mato Grosso do Sul Sao Paulo Parana Parana Rio Grande do Sul Santa Catarina Rio Grande do Sul Santa Catarina Second-crop corn calendar for most of Brazil Plant Period of Highest Intensity Harvest NOV Agricultural Weather Assessments World Agricultural Outlook Board DEC JAN FEB MAR APR MAY JUN JUL AUG SEP OCT * Later planting (Apr Jul) in northeast

32 May 10 Average 2011 Rain earlier in period Rain later Agricultural Weather Assessments World Agricultural Outlook Board

33 Brazil Corn 2017/18 Estimates Reduced Thousand Hectares or Tons 100,000 90,000 80,000 70,000 60,000 50,000 40,000 30,000 20,000 10,000 Area down 1% from May estimate to 16.9 mha Yield down 1% to 5.03 t/ha Production down 2% to 85.0 mmt MT/HA / / / / / / / / / /2018 Source: USDA FAS PSD Area (th ha) Production (th ton) Yield (mt/ha) 2018/2019f 0.00 Foreign Agricultural Service Office of Global Analysis IPA Division

34

35 1,200 Russia Corn: Estimated Planted Area by District 3,500 1,000 3,000 District area (1,000 hectares) ,500 2,000 1,500 1, Russia area (1,000 hectares) Russia Central Southern North Caucasus Volga Source: Ministry of Agriculture

36 Area (MHa) and Production (MMT) Russia Corn: Estimated Area, Yield, and Production The production forecast for corn is decreased from 19.0 to 15.0 mmt based on a 0.7-mha reduction in the estimated harvested area Harvested area Production Yield Yield (T/Ha) Source: USDA PSD Online

37 World Corn Supply and Use Item 2017/ /2019 Estimate May 10 Forecast May / Million Tons Beginning stocks Production 1, , Total Supply 1, , Feed use ** Total use 1, , Trade Ending Stocks ** Rounds to zero.

38 U.S. Corn Supply and Demand Item 2017/ /2019 Estimate May 10 Forecast May /2018 Planted area (million acres) Harvested area (million acres) Yield (bushels per acre) Million bushels Beginning stocks 2, , Production 14, , Imports Total supply 16, , Feed and residual 5, , Food, seed, and industrial 7, , Ethanol 5, , Domestic use 12, , Exports 2, , Total use 14, , Ending stocks 2, , Percent Stocks to use ratio Dollars per bushel Average market price 3.25/ / No change.

39 World Soybean Production 2017/ /2019 Country or Region Estimate May 10 Forecast May / Million Tons World United States Foreign Argentina Brazil Paraguay Canada India China No change.

40 Brazil 2017/18 Soybean Yield Percent Prior Year Roraima Amapa a Ceara b Rio Grande do Norte c Paraiba d Pernambuco e Alagoas f Sergipe h Espirito Santo i Rio de Janeiro Acre Amazonas Mato Grosso Para Maranhao Piaui a d f b e c Rondonia Tocantins Bahia Goias * State-Level Production (as % of total) Mato Grosso Parana Rio Grande do Sul Goias Mato Grosso do Sul Minas Gerais Bahia Sao Paulo Maranhao Santa Catarina Tocantins Other ~3 Santa Catarina Mato Grosso do Sul Rio Grande do Sul Parana Sao Paulo Soybean Production *Average ( ) Minor Minas Gerais i h Production Intensity *Source: IBGE Major * 2009 to 2013 Average Source: IBGE Brazil

41 Thousand Hectares or Metric Tons 140, , ,000 80,000 60,000 40,000 20, /18 Estimate AREA 35.1 mha YIELD 3.39 mt/ha (RECORD) PROD mmt (RECORD) 57,800 69,000 75,300 BRAZIL Soybeans 66,500 82,000 86,700 97,200 96, , , , MT/HA / / / / / / / / / / /19F Area Production Yield Source: USDA/FAS/PSD Foreign Agricultural Service Office of Global Analysis IPA Division

42 World Soybean Supply and Use Item 2017/2018 estimate 2018/2019 forecast May / Million Tons Beginning stocks Production Total Supply Feed use Total use ** 15.3 Trade Ending Stocks Addendum Beginning stocks Argentina plus Brazil Imports* China *From all sources. ** Rounds to zero.

43 U.S. Soybeans Supply and Demand Item 2017/ /2019 Estimate May 10 Forecast May /2018 Planted area (million acres) Harvested area (million acres) Yield (bushels per acre) Million bushels Beginning stocks Production 4, , Imports Total supply 4, , Crush 2, , Seed and Residual Domestic use 2, , Exports 2, , Total use 4, , Ending stocks Percent Stocks to use ratio Dollars per bushel Average market price / No change.

44 Country or Region World Cotton Production 2017/2018 estimate 2018/2019 forecast May / Million bales World United States Foreign Argentina ** Brazil Turkey Australia China India Pakistan Uzbekistan African Franc Zone No change.

45

46 Cotton is Heavily Irrigated

47 Below-normal temperatures were reported across all major-producing areas in May.

48 Yields predicted at long-term trendline Rate of increase due to area increase in high productivity province of Xinjiang Foreign Agricultural Service Office of Global Analysis IPA Division

49 World Cotton Supply and Demand Item 2017/2018 estimate 2018/2019 forecast May / Million bales Beginning stocks ** 1.3 Production Total Supply Consumption Trade ** 0.9 Ending Stocks Addendum China ending stocks ** Rounds to zero.

50 Thousands Weekly Exports--Index ( ), 2016, & /1 3/1 4/5 5/1 Week 44 one of largest shipment weeks ever 5/31 RB cotton exports all kinds Index projroy averoy proj+/-2sd /3 8/17 8/31 9/14 9/28 10/12 10/26 11/9 11/23 12/7 12/21 1/4 1/18 2/1 2/15 3/1 3/15 3/29 4/12 4/26 5/10 5/24 6/7 6/21 7/5 7/19

51 U.S. Cotton Supply and Demand Item 2017/ /2019 Estimate May 10 Forecast May /2018 Planted area (million acres) Harvested area (million acres) Yield (pounds per acre) Million bales Beginning stocks Production ** Imports Total supply ** Mill use ** 0.05 Exports Total use ** Unaccounted Ending stocks Percent Stocks to use ratio Cents per pound Average market price 67.00/ / No change. ** Rounds to zero.

52 U.S. Sugar Supply and Demand Item 2017/ /2019 Estimate May 10 Forecast May / Thousand short tons, raw value Beginning Stocks 1, , Production 9, , Beets 5, , Cane 4, , Imports 3, , TRQ 1, , Re-export Mexico 1, , High-tier Total Supply 14, , Exports Domestic deliveries 12, , Total use 12, , Ending stocks 1, , Percent Stocks/use ratio No change.

53 Mexico Sugar Supply and Demand Item 2017/ /2019 Estimate May 10 Forecast May / Thousand metric tons Beginning Stocks 1, , Production 5, , Imports Total Supply 7, , Domestic Use 4, , Exports 1, , Total use 5, , Ending stocks 1, , No change.

54 U.S. Meat Production and Prices Item Estimate May 10 Forecast May Production Billion Pounds Beef Pork Broilers Turkey Total Meat Prices Dollars per cwt Steers Hogs Cents per pound Broilers Turkey No change.

55 U.S. Meat Trade Million Pounds Item Estimate May 10 Forecast May Exports Beef 3, , Pork 5, , Broilers 6, , Turkey Mature chickens Total Meat 16, , Imports Beef 3, , No change.

56 U.S. Milk Supply and Demand Item Estimate May 10 Forecast May Billion pounds Production Fat Basis Imports Commercial use Exports Skim-solid Basis Imports Commercial use Exports

57 Item U.S. Dairy Product Prices Estimate May 10 Forecast May Product prices Dollars per pound Cheese 1.62 ** Butter ** Nonfat dry milk Dry whey Class prices Class III Class IV All milk ** Rounds to zero.

58 Item U.S. Production Summary 2017/ /2019 Estimate May 10 Forecast May /2018 Crops and Products Wheat (million bushels) 1, , Rice (million cwt) Corn (million bushels) 14, , Sorghum (million bushels) Barley (million bushels) Oats (million bushels) Soybeans (million bushels) 4, , Soybean oil (million pounds) 23, , Soybean meal (thousand s.t.) 47, , Cotton (million bales) ** Sugar (thousand s.t., raw value) 9, , Milk (billion pounds) Meat (billion lbs) Beef Pork Broilers Turkey Total Meat No change. ** Rounds to zero.

59 U.S. Domestic Consumption Summary Item 2017/ /2019 Estimate May 10 Forecast May /2018 Crops and Products Wheat (million bushels) 1, , Rice (million cwt) Corn (million bushels) 12, , Sorghum (million bushels) Barley (million bushels) Oats (million bushels) Soybeans (million bushels) 2, , Soybean oil (million pounds) 20, , Soybean meal (thousand s.t.) 35, , Cotton (million bales) ** 0.05 Sugar (thousand s.t., raw value) 12, , Milk (billion pounds, fat basis) Meat (Billion lbs) Beef Pork ** 0.75 Broilers Turkey Total Meat No change. ** Rounds to zero.

60 Item U.S. Export Summary 2017/ /2019 Estimate May 10 Forecast May /2018 Crops and Products Wheat (million bushels) Rice (million cwt) Corn (million bushels) 2, , Sorghum (million bushels) Soybeans (million bushels) 2, , Soybean oil (million pounds) 2, , Soybean meal (thousand s.t.) 13, , Cotton (million bales) Meat (Million lbs) Beef 3, , Pork 5, , Broilers 6, , Turkey Mature Chickens Total Meat 16, , No change.

61 Item Price Summary 2017/ /2019 Estimate May 10 Forecast May /2018 Crops and products Wheat ($/bu) Rice ($/cwt) Corn ($/bu) Soybeans ($/bu) Soybean oil ( /lb) Soybean meal ($/s.t.) Cotton ( /lb) Livestock Steers ($/cwt) Hogs ($/cwt) Broilers ( /lb) Turkeys ( /lb) Dairy products Cheese 1.62 ** Butter ** Nonfat dry milk Dry whey Milk classes Class III ($/cwt) Class IV ($/cwt) All milk ($/cwt) No change. ** Rounds to zero.

World Agricultural Outlook Board Interagency Commodity Estimates Committee Forecasts. Lockup Briefing July 11, 2014

World Agricultural Outlook Board Interagency Commodity Estimates Committee Forecasts. Lockup Briefing July 11, 2014 World Agricultural Outlook Board Interagency Commodity Estimates Committee Forecasts Lockup Briefing World Wheat Production Country or Region estimate 2014/15 forecast June 11 Million Tons Percent Percent

More information

World Agricultural Outlook Board Interagency Commodity Estimates Committee Forecasts. Lockup Briefing April 9, 2014

World Agricultural Outlook Board Interagency Commodity Estimates Committee Forecasts. Lockup Briefing April 9, 2014 World Agricultural Outlook Board Interagency Commodity Estimates Committee Forecasts Lockup Briefing World Wheat Production Country or Region Million Tons World 656.5 712.5 8.5 United States 61.7 58.0-6.0

More information

World Agricultural Outlook Board Interagency Commodity Estimates Committee Forecasts. Lockup Briefing June 11, 2014

World Agricultural Outlook Board Interagency Commodity Estimates Committee Forecasts. Lockup Briefing June 11, 2014 World Agricultural Outlook Board Interagency Commodity Estimates Committee Forecasts Lockup Briefing World Wheat Production Country or Region 2014/15 Million Tons World 714.0 701.6 0.7-1.7 United States

More information

World Agricultural Supply And Demand Estimates

World Agricultural Supply And Demand Estimates United States Department of Agriculture Office of the Chief Economist World Agricultural Supply And Demand Estimates Agricultural Marketing Service Economic Research Service Farm Service Agency Foreign

More information

April 9, Dear Subscriber:

April 9, Dear Subscriber: April 9, 2014 Dear Subscriber: We will be adding material to this shell letter after the report is released on April 9, 2014 at 11:00 a.m CST. Be sure to click back on the link often for the latest information.

More information

Global Agricultural Supply and Demand: Factors contributing to recent increases in food commodity prices

Global Agricultural Supply and Demand: Factors contributing to recent increases in food commodity prices Global Agricultural Supply and Demand: Factors contributing to recent increases in food commodity prices Ron Trostle Economic Research Service U.S. Department of Agriculture Agricultural Markets and Food

More information

January 12, USDA World Supply and Demand Estimates

January 12, USDA World Supply and Demand Estimates January 12, 2017 - USDA World Supply and Demand Estimates Corn This month s U.S. corn outlook is for lower production, reduced feed and residual use, increased corn used to produce ethanol, and smaller

More information

February 10, Tickets are 30 dollars and include a continential breakfast, Beef House lunch, and 25th anniversery hat.

February 10, Tickets are 30 dollars and include a continential breakfast, Beef House lunch, and 25th anniversery hat. February 10, 2014 WE WILL BE UPDATING AND ADDING MATERIAL THROUGHOUT THE DAY ON FEBRUARY 10 TO THIS LETTER BEGINNING AT 11:00 AM CST. PLEASE CHECK BACK OFTEN FOR THE LATEST INFORMATION! Tickets for the

More information

OUTLOOK FOR US AGRICULTURE

OUTLOOK FOR US AGRICULTURE Agricultural Outlook Forum 216 OUTLOOK FOR US AGRICULTURE Robert Johansson Chief Economist 25 February 216 Fig 2 Main themes for 216 1. The macroeconomy is weighing on trade, but there are reasons for

More information

Commodity Outlook: September 2017 West Central Illinois: July 2017

Commodity Outlook: September 2017 West Central Illinois: July 2017 Commodity Outlook: September 2017 West Central Illinois: July 2017 William George Senior Agriculture Economist U.S. Department of Agriculture Foreign Agriculture Service Office of Global Analysis Commodity

More information

World Agricultural Supply And Demand Estimates

World Agricultural Supply And Demand Estimates World Agricultural Supply And Demand Estimates United States Department of Agriculture Office of the Chief Economist Agricultural Marketing Service Economic Research Service Farm Service Agency Foreign

More information

U.S. Rice Market Faces Tighter Supplies and Higher Prices in 2017/18

U.S. Rice Market Faces Tighter Supplies and Higher Prices in 2017/18 U.S. Rice Market Faces Tighter Supplies and Higher Prices in 217/18 University of Arkansas Webinar Series October 26, 217 Nathan Childs Economic Research Service USDA Approved by the World Agricultural

More information

World Agricultural Supply and Demand Estimates United States Department of Agriculture

World Agricultural Supply and Demand Estimates United States Department of Agriculture ISSN: 1554-9089 Office of the Chief Economist World Agricultural Supply and Demand Estimates United States Department of Agriculture Agricultural Marketing Service Farm Service Agency Economic Research

More information

World Agricultural Supply and Demand Estimates United States Department of Agriculture

World Agricultural Supply and Demand Estimates United States Department of Agriculture ISSN 1554-9089 Office of the Chief Economist World Agricultural Supply and Demand Estimates United States Department of Agriculture Agricultural Marketing Service Farm Service Agency Economic Research

More information

World Agricultural Supply and Demand Estimates United States Department of Agriculture

World Agricultural Supply and Demand Estimates United States Department of Agriculture ISSN: 1554-9089 Office of the Chief Economist World Agricultural Supply and Demand Estimates United States Department of Agriculture Agricultural Marketing Service Farm Service Agency Economic Research

More information

World Agricultural Supply and Demand Estimates United States Department of Agriculture

World Agricultural Supply and Demand Estimates United States Department of Agriculture ISSN: 1554-9089 Office of the Chief Economist World Agricultural Supply and Demand Estimates United States Department of Agriculture Agricultural Marketing Service Farm Service Agency Economic Research

More information

THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S.

THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. GOVERNMENT POLICY Required Report - public distribution Brazil Post: Brasilia

More information

World Agricultural Supply and Demand Estimates United States Department of Agriculture

World Agricultural Supply and Demand Estimates United States Department of Agriculture ISSN 1554-9089 Office of the Chief Economist World Agricultural Supply and Demand Estimates United States Department of Agriculture Agricultural Marketing Service Farm Service Agency Economic Research

More information

World Agricultural Supply and Demand Estimates

World Agricultural Supply and Demand Estimates ISSN: 1554-9089 World Agricultural Supply and Demand Estimates Office of the Chief Economist Agricultural Marketing Service Farm Service Agency Economic Research Service Foreign Agricultural Service WASDE

More information

World Agricultural Supply and Demand Estimates United States Department of Agriculture

World Agricultural Supply and Demand Estimates United States Department of Agriculture ISSN 1554-9089 Office of the Chief Economist World Agricultural Supply and Demand Estimates United States Department of Agriculture Agricultural Marketing Service Farm Service Agency Economic Research

More information

World Agricultural Supply and Demand Estimates United States Department of Agriculture

World Agricultural Supply and Demand Estimates United States Department of Agriculture ISSN 1554-9089 Office of the Chief Economist World Agricultural Supply and Demand Estimates United States Department of Agriculture Agricultural Marketing Service Farm Service Agency Economic Research

More information

World Agricultural Supply and Demand Estimates United States Department of Agriculture

World Agricultural Supply and Demand Estimates United States Department of Agriculture ISSN 1554-9089 Office of the Chief Economist World Agricultural Supply and Demand Estimates United States Department of Agriculture Agricultural Marketing Service Farm Service Agency Economic Research

More information

World Agricultural Supply and Demand Estimates United States Department of Agriculture

World Agricultural Supply and Demand Estimates United States Department of Agriculture ISSN: 1554-9089 Office of the Chief Economist World Agricultural Supply and Demand Estimates United States Department of Agriculture Agricultural Marketing Service Farm Service Agency Economic Research

More information

WHAT IS ICLF ICL ILF. ICLF can be used in different configurations, combining two or three components in one production system:

WHAT IS ICLF ICL ILF. ICLF can be used in different configurations, combining two or three components in one production system: ICLF IN NUMB3R5 WHAT IS ICLF Integrated crop-livestock-forest (ICLF) is an agricultural production strategy that integrates different production systems agricultural, livestock and forestry within the

More information

Cattle Market Situation and Outlook

Cattle Market Situation and Outlook Cattle Market Situation and Outlook Rebuilding the Cow Herd Series March 28, 2007 Falls City, TX Coordinated by: Dennis Hale-Karnes CEA Ag & Charlie Pfluger-Wilson CEA Ag Prepared and presented by: Larry

More information

World Agricultural Supply and Demand Estimates

World Agricultural Supply and Demand Estimates ISSN: 1554-9089 World Agricultural Supply and Demand Estimates Office of the Chief Economist Agricultural Marketing Service Farm Service Agency Economic Research Service Foreign Agricultural Service WASDE

More information

World Agricultural Supply and Demand Estimates United States Department of Agriculture

World Agricultural Supply and Demand Estimates United States Department of Agriculture ISSN: 1554-9089 Office of the Chief Economist World Agricultural Supply and Demand Estimates United States Department of Agriculture Agricultural Marketing Service Farm Service Agency Economic Research

More information

Grain Market Outlook for

Grain Market Outlook for Grain Market Outlook for 2017-2018 KSU Ag Econ 520 Fall 2017 Manhattan, Kansas DANIEL O BRIEN EXTENSION AGRICULTURAL ECONOMIST Topics to be discussed.. 1) Grain Market Analysis & Outlook Corn & Grain Sorghum

More information

World Agricultural Supply and Demand Estimates

World Agricultural Supply and Demand Estimates ISSN: 1554-9089 World Agricultural Supply and Demand Estimates Office of the Chief Economist Agricultural Marketing Service Farm Service Agency Economic Research Service Foreign Agricultural Service WASDE

More information

World Agricultural Supply and Demand Estimates

World Agricultural Supply and Demand Estimates ISSN: 1554-9089 World Agricultural Supply and Demand Estimates Office of the Chief Economist Agricultural Marketing Service Farm Service Agency Economic Research Service Foreign Agricultural Service WASDE

More information

Wheat Year in Review (International): Low 2007/08 Stocks and Higher Prices Drive Outlook

Wheat Year in Review (International): Low 2007/08 Stocks and Higher Prices Drive Outlook United States Department of Agriculture WHS-2008-01 May 2008 A Report from the Economic Research Service Wheat Year in Review (International): Low 2007/08 Stocks and Higher Prices Drive Outlook www.ers.usda.gov

More information

World Agricultural Supply and Demand Estimates

World Agricultural Supply and Demand Estimates ISSN: 1554-9089 World Agricultural Supply and Demand Estimates Office of the Chief Economist Agricultural Marketing Service Farm Service Agency Economic Research Service Foreign Agricultural Service WASDE

More information

Market Fundamentals. August October 2017

Market Fundamentals. August October 2017 Market Fundamentals August October 2017 1 Safe Harbor Statement & Disclosures This presentation includes forward-looking comments subject to important risks and uncertainties. It may also contain financial

More information

World Agricultural Supply and Demand Estimates

World Agricultural Supply and Demand Estimates ISSN: 1554-9089 World Agricultural Supply and Demand Estimates Office of the Chief Economist Agricultural Marketing Service Farm Service Agency Economic Research Service Foreign Agricultural Service WASDE

More information

World Agricultural Supply and Demand Estimates

World Agricultural Supply and Demand Estimates ISSN: 1554-9089 World Agricultural Supply and Demand Estimates Office of the Chief Economist Agricultural Marketing Service Farm Service Agency Economic Research Service Foreign Agricultural Service WASDE

More information

World Agricultural Supply and Demand Estimates

World Agricultural Supply and Demand Estimates ISSN: 1554-9089 World Agricultural Supply and Demand Estimates Office of the Chief Economist Agricultural Marketing Service Farm Service Agency Economic Research Service Foreign Agricultural Service WASDE

More information

Situation and Outlook of the Canadian Livestock Industry

Situation and Outlook of the Canadian Livestock Industry Situation and Outlook of the Canadian Livestock Industry 2011 USDA Agricultural Outlook Forum Tyler Fulton February 25, 2011 tyler@hamsmarketing.ca Lost in Translation Canadian Livestock Industry - Outline

More information

World Agricultural Supply and Demand Estimates

World Agricultural Supply and Demand Estimates ISSN: 1554-9089 World Agricultural Supply and Demand Estimates Office of the Chief Economist Agricultural Marketing Service Farm Service Agency Economic Research Service Foreign Agricultural Service WASDE

More information

Ukraine Winter Wheat: Sowing Progress (All years include estimated area for Crimea.)

Ukraine Winter Wheat: Sowing Progress (All years include estimated area for Crimea.) Sept 7 Sept 14 Sept 21 Sept 28 Oct 5 Oct 12 Oct 19 Oct 26 Nov 2 Nov 9 Nov 16 Million hectares 1,000 hectares 8,000 7,000 6,000 Ukraine Winter Wheat: Sowing Progress (All years include estimated area for

More information

2017 Crop Market Outlook

2017 Crop Market Outlook 2017 Crop Market Outlook Presented at the Row Crop Short Course Jackson County Agriculture Conference Center March 2, 2017 Adam N. Rabinowitz, PhD Assistant Professor and Extension Specialist Agricultural

More information

World Agricultural Production

World Agricultural Production United States Department of Agriculture Foreign Agricultural Service Circular Series WAP 05-17 May 2017 World Agricultural EU Wheat: 2017/18 Rebounds After Last Year s French Wheat Failure European Union

More information

World Agricultural Supply and Demand Estimates

World Agricultural Supply and Demand Estimates ISSN: 1554-9089 World Agricultural Supply and Demand Estimates Office of the Chief Economist Agricultural Marketing Service Farm Service Agency Economic Research Service Foreign Agricultural Service WASDE

More information

Dairy Outlook. January By Jim Dunn Professor of Agricultural Economics, Penn State University. Market Psychology

Dairy Outlook. January By Jim Dunn Professor of Agricultural Economics, Penn State University. Market Psychology Dairy Outlook January 2015 By Jim Dunn Professor of Agricultural Economics, Penn State University Market Psychology Dairy prices have fallen in the past month, especially butter prices. The dollar is still

More information

World Agricultural Supply and Demand Estimates

World Agricultural Supply and Demand Estimates ISSN: 1554-9089 World Agricultural Supply and Demand Estimates Office of the Chief Economist Agricultural Marketing Service Farm Service Agency Economic Research Service Foreign Agricultural Service WASDE

More information

World Agricultural Supply and Demand Estimates

World Agricultural Supply and Demand Estimates ISSN: 1554-9089 World Agricultural Supply and Demand Estimates Office of the Chief Economist Agricultural Marketing Service Farm Service Agency Economic Research Service Foreign Agricultural Service WASDE

More information

U.S. Agriculture: Commodity Situation and Outlook

U.S. Agriculture: Commodity Situation and Outlook U.S. Agriculture: Commodity Situation and Outlook H. Scott Stiles Instructor - Economics University of Arkansas Division of Agriculture Farm Policy Education 2013 U.S. Crop Outlook Overview: Preliminary

More information

Cattle Market Outlook

Cattle Market Outlook Cattle Market Outlook Winter C. Wilson Gray District Economist Twin Falls R & E Center wgray@uidaho.edu http://web.cals.uidaho.edu/idahoagbiz/ Thank You! Topics: Markets and Aspects of Domestic Consumer

More information

Beef Cattle Outlook Dr. Curt Lacy Extension Economist-Livestock

Beef Cattle Outlook Dr. Curt Lacy Extension Economist-Livestock Beef Cattle Outlook Dr. Curt Lacy Extension Economist-Livestock Current Situation $ Per Cwt. 190 180 170 160 150 140 130 120 110 100 90 MED. & LRG. #1 & 2 STEER CALF PRICES 500-600 Pounds, Georgia, Weekly

More information

World Agricultural Supply and Demand Estimates

World Agricultural Supply and Demand Estimates ISSN: 1554-9089 World Agricultural Supply and Demand Estimates Office of the Chief Economist Agricultural Marketing Service Farm Service Agency Economic Research Service Foreign Agricultural Service WASDE

More information

Agriculture Commodity Markets & Trends

Agriculture Commodity Markets & Trends Agriculture Commodity Markets & Trends Agenda Short History of Agriculture Commodities US & World Supply and Demand Commodity Prices Continuous Charts What is Contango and Backwardation Barge, Truck and

More information

PRX Grain Market Overview

PRX Grain Market Overview PRX The ProExporter Network Grain, Oilseed & Biofuel Fundamentals Updated 4/1/18 PRX Grain Market Overview US Major Grains Crop Years 217/18 & 218/19 with USDA Apr 1, 218 WASDE PRX_Overview, SDU, Apr-1-18

More information

World Agricultural Supply and Demand Estimates

World Agricultural Supply and Demand Estimates ISSN: 1554-9089 Office of the Chief Economist WASDE - 560 World Agricultural Supply and Demand Estimates Agricultural Marketing Service Farm Service Agency Economicc Research Service Foreign Agricultural

More information

Corn & Soybeans. Corn (source WASDE) Soybean (source WASDE)

Corn & Soybeans. Corn (source WASDE) Soybean (source WASDE) Corn & Soybeans Corn (source WASDE) Estimate for the 2015-16 Season Global and US outlook Soybean (source WASDE) Estimate for the 2015-16 Season Global and US outlook Global ending stocks Corn and Soybeans

More information

CORN: DECLINING WORLD GRAIN STOCKS OFFERS POTENTIAL FOR HIGHER PRICES

CORN: DECLINING WORLD GRAIN STOCKS OFFERS POTENTIAL FOR HIGHER PRICES CORN: DECLINING WORLD GRAIN STOCKS OFFERS POTENTIAL FOR HIGHER PRICES OCTOBER 2000 Darrel Good Summary The 2000 U.S. corn crop is now estimated at 10.192 billion bushels, 755 million (8 percent) larger

More information

World Corn Market Supply Demand Trends

World Corn Market Supply Demand Trends World Corn Market Supply Demand Trends Daniel O Brien Extension Agricultural Economist K State Research and Extension May 27, 21 The world corn market has many participants, but a small number of larger

More information

Fertilizers in Brazil New opportunities

Fertilizers in Brazil New opportunities Third International Conference on Slow- and Controlled- Release and Stabilized Fertilizers Fertilizers in Brazil New opportunities Rio de Janeiro March, 213 Index 1. Brazilian Agriculture Fertilizer Market;

More information

SOUTH AMERICAN SOYBEAN CROP ESTIMATE INCREASED

SOUTH AMERICAN SOYBEAN CROP ESTIMATE INCREASED April 14, 2000 Ames, Iowa Econ. Info. 1787 SOUTH AMERICAN SOYBEAN CROP ESTIMATE INCREASED USDA s World Agricultural Outlook Board raised its estimate of combined Brazilian and Argentine soybean production

More information

Implementation Status & Results Brazil National Biodiversity Mainstreaming and Institutional Consolidation Project (P094715)

Implementation Status & Results Brazil National Biodiversity Mainstreaming and Institutional Consolidation Project (P094715) Public Disclosure Authorized Public Disclosure Authorized The World Bank Implementation Status & Results Brazil National Biodiversity Mainstreaming and Institutional Consolidation Project (P094715) Operation

More information

U.S. food, seed, and industrial use of corn. Other 3,000 2,000 1,000

U.S. food, seed, and industrial use of corn. Other 3,000 2,000 1,000 FDS-10f June 14, 2010 Feed Outlook Allen Baker albaker@ers.usda.gov Edward Allen ewallen@ers.usda.gov Heather Lutman hlutman@ers.usda.gov Record Corn Ethanol Use for Ethanol Expected Higher Contents Domestic

More information

World Agricultural Production

World Agricultural Production United States Department of Agriculture Foreign Agricultural Service Circular Series WAP 2-18 February 2018 World Agricultural Brazil Soybeans: Another Bumper Crop in the Making Brazil soybean production

More information

Woodrow Wilson International Center for Scholars Brazil Institute. Sugarcane Ethanol and Land Use in Brazil. Andre M. Nassar

Woodrow Wilson International Center for Scholars Brazil Institute. Sugarcane Ethanol and Land Use in Brazil. Andre M. Nassar Woodrow Wilson International Center for Scholars Brazil Institute Sugarcane Ethanol and Land Use in Brazil Andre M. Nassar President, Brazilian Institute for International Trade Negotiations Washington

More information

Improved Price Signals to Encourage an Area Increase Next Year

Improved Price Signals to Encourage an Area Increase Next Year THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. GOVERNMENT POLICY Required Report - public distribution Date: 4/6/2017

More information

Brazil Energy Summit. New York June 23 rd, 2008

Brazil Energy Summit. New York June 23 rd, 2008 Brazil Energy Summit New York June 23 rd, 2008 Index World Scenario Brazilian energy matrix Powercane efficiency Industry in Brazil Bioelectricity opportunity Adecoagro UMA Mill Expansion in Brazil Site

More information

Jeanne Reeves Cotton Incorporated June 4, 2013

Jeanne Reeves Cotton Incorporated June 4, 2013 Jeanne Reeves Cotton Incorporated June 4, 2013 Cotton Incorporated s mission is to increase the demand for and profitability of cotton through research and promotion. Market Notes 2011, highest prices

More information

Implementation Status & Results Brazil National Biodiversity Mainstreaming and Institutional Consolidation Project (P094715)

Implementation Status & Results Brazil National Biodiversity Mainstreaming and Institutional Consolidation Project (P094715) Public Disclosure Authorized Public Disclosure Authorized The World Bank Implementation Status & Results Brazil National Biodiversity Mainstreaming and Institutional Consolidation Project (P094715) Operation

More information

United Nations Conference on Trade and Development

United Nations Conference on Trade and Development United Nations Conference on Trade and Development 1th MULTI-YEAR EXPERT MEETING ON COMMODITIES AND DEVELOPMENT 25-26 April 218, Geneva Assessing the recent past and prospects for grains and oilseeds markets

More information

Implementation Status & Results Brazil National Biodiversity Mainstreaming and Institutional Consolidation Project (P094715)

Implementation Status & Results Brazil National Biodiversity Mainstreaming and Institutional Consolidation Project (P094715) Public Disclosure Authorized Public Disclosure Authorized The World Bank Implementation Status & Results Brazil National Biodiversity Mainstreaming and Institutional Consolidation Project (P094715) Operation

More information

Dairy Outlook. April By Jim Dunn Professor of Agricultural Economics, Penn State University. Market Psychology

Dairy Outlook. April By Jim Dunn Professor of Agricultural Economics, Penn State University. Market Psychology Dairy Outlook April 2017 By Jim Dunn Professor of Agricultural Economics, Penn State University Market Psychology The Class III price in March was $1.07 lower than in February, while the Class IV price

More information

Livestock and Feedgrain Outlook

Livestock and Feedgrain Outlook Livestock and Feedgrain Outlook 2017 Range Beef Cow Symposium James G. Robb Director, LMIC Website: www.lmic.info November 28-30, 2017 28 US Land Grant Universities: USDA Data Sources -- NASS, AMS, FAS,

More information

Agricultural Outlook Forum 2013 Presented Friday, February 22, 2013 THE WORLD AND UNITED STATES COTTON OUTLOOK

Agricultural Outlook Forum 2013 Presented Friday, February 22, 2013 THE WORLD AND UNITED STATES COTTON OUTLOOK Agricultural Outlook Forum 2013 Presented Friday, February 22, 2013 THE WORLD AND UNITED STATES COTTON OUTLOOK James Johnson, James Kiawu, Stephen MacDonald, Leslie Meyer, and Carol Skelly U.S. Department

More information

Global and U.S. Rice Markets Face Tighter Supplies in 2015/16

Global and U.S. Rice Markets Face Tighter Supplies in 2015/16 Global and U.S. Rice Markets Face Tighter Supplies in 2015/16 University of Arkansas Webinar Series November 19, 2015 Nathan Childs, Economic Research Service, USDA 11.20.15 PART 1 THE 2015/16 GLOBAL RICE

More information

Cattle & Beef Outlook

Cattle & Beef Outlook Cattle & Beef Outlook Glynn Tonsor Dept. of Agricultural Economics, Kansas State University Overarching Beef Industry Economic Outlook Supplies Expansion continues, but has moderated Demand Mixed signals

More information

WORLD AGRICULTURAL OUTLOOK

WORLD AGRICULTURAL OUTLOOK WORLD AGRICULTURAL OUTLOOK FEBRUARY 21 FAPRI Food and Agricultural Policy Research Institute CENTER FOR AGRICULTURAL AND RURAL DEVELOPMENT IOWA STATE UNIVERSITY AMES, IOWA 511-17 TELEPHONE: 515.294.7519

More information

Jason Henderson Vice President and Branch Executive Federal Reserve Bank of Kansas City Omaha Branch April 25, 2012

Jason Henderson Vice President and Branch Executive Federal Reserve Bank of Kansas City Omaha Branch  April 25, 2012 Jason Henderson Vice President and Branch Executive April 25, 2012 The views expressed are those of the author and do not necessarily reflect the opinions of the Federal Reserve Bank of Kansas City or

More information

CREDIT CONCENTRATION OF BRAZILIAN RURAL ACTIVITIES FROM 2000 TO 2007

CREDIT CONCENTRATION OF BRAZILIAN RURAL ACTIVITIES FROM 2000 TO 2007 CREDIT CONCENTRATION OF BRAZILIAN RURAL ACTIVITIES FROM 2000 TO 2007 HUMBERTO FRANCISCO SILVA SPOLADOR 1 and ROBERTO ARRUDA DE SOUZA LIMA 2 Abstract This paper aims to analyze the degree of concentration

More information

2017 Tennessee Agricultural Outlook. Aaron Smith Crop Economist University of Tennessee Extension

2017 Tennessee Agricultural Outlook. Aaron Smith Crop Economist University of Tennessee Extension 2017 Tennessee Agricultural Outlook Aaron Smith Crop Economist University of Tennessee Extension Overview Review of the Tennessee Agricultural Economy Crops Livestock 2017 Estimated Net Returns Principle

More information

SOYBEANS: LARGE SUPPLIES CONFIRMED, BUT WHAT ABOUT 2005 PRODUCTION?

SOYBEANS: LARGE SUPPLIES CONFIRMED, BUT WHAT ABOUT 2005 PRODUCTION? SOYBEANS: LARGE SUPPLIES CONFIRMED, BUT WHAT ABOUT 2005 PRODUCTION? JANUARY 2005 Darrel Good 2005 NO. 2 Summary USDA s January reports confirmed a record large 2004 U.S. crop, prospects for large year-ending

More information

Dairy Outlook. June By Jim Dunn Professor of Agricultural Economics, Penn State University. Market Psychology

Dairy Outlook. June By Jim Dunn Professor of Agricultural Economics, Penn State University. Market Psychology Dairy Outlook June 2015 By Jim Dunn Professor of Agricultural Economics, Penn State University Market Psychology Cheese prices have been rising this past month, rising 16 cents/lb. in a fairly steady climb.

More information

Developments and challenges in commodity markets: current situation and outlook- Agricultural Commodities

Developments and challenges in commodity markets: current situation and outlook- Agricultural Commodities Multi-year Expert Meeting on COMMODITIES AND DEVELOPMENT 23-25 March 211, Geneva Developments and challenges in commodity markets: current situation and outlook- Agricultural Commodities by Mr. Etsuo Kitahara,

More information

U.S. Corn Disappearance Raised on Higher Food, Seed, and Industrial Use. Corn Supply and Use: Percent Change from Previous Marketing Year

U.S. Corn Disappearance Raised on Higher Food, Seed, and Industrial Use. Corn Supply and Use: Percent Change from Previous Marketing Year Economic Research Service Situation and Outlook FDS-17b February 13, 2017 Feed Outlook Tom Capehart tcapehart@ers.usda.gov Olga Liefert oliefert@ers.usda.gov U.S. Corn Disappearance Raised on Higher Food,

More information

THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S.

THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. GOVERNMENT POLICY Required Report - public distribution Date: 9/4/2014

More information

Fresh Deciduous Fruit (Apples, Grapes, & Pears): World Markets and Trade

Fresh Deciduous Fruit (Apples, Grapes, & Pears): World Markets and Trade United States Department of Agriculture Foreign Agricultural Service June 2015 Fresh Deciduous Fruit (Apples, Grapes, & Pears): World Markets and Trade FRESH APPLES World apple production in is estimated

More information

Soybean Supply and Demand Forecast

Soybean Supply and Demand Forecast Soybean Supply and Demand Forecast U.S. soybean planted acreage is expected to increase 5.7 million acres over the forecast period. U.S. soybean yields are expected to increase 2.2 bushels per acre or

More information

Emerging Global Trade Patterns: USDA s Long-term Agricultural Projections

Emerging Global Trade Patterns: USDA s Long-term Agricultural Projections Emerging Global Trade Patterns: USDA s Long-term Agricultural Projections Midwest Agriculture s Ties to the Global Economy Federal Reserve Bank of Chicago November 28, 217 Chicago Jim Hansen, Ph.D. USDA,

More information

Analysis of the October 2010 USDA Crop Production & WASDE Reports

Analysis of the October 2010 USDA Crop Production & WASDE Reports Analysis of the October 2010 USDA Crop Production & WASDE Reports Daniel O Brien Extension Agricultural Economist, K State Research and Extension October 11, 2010 Summary of October 8 th 2010 Crop Production

More information

Dairy Outlook. September By Jim Dunn Professor of Agricultural Economics, Penn State University. Market Psychology

Dairy Outlook. September By Jim Dunn Professor of Agricultural Economics, Penn State University. Market Psychology Dairy Outlook September 2015 By Jim Dunn Professor of Agricultural Economics, Penn State University Market Psychology The world s financial markets were rattled last month by a pair of Chinese currency

More information

Dairy Outlook. March By Jim Dunn Professor of Agricultural Economics, Penn State University. Market Psychology

Dairy Outlook. March By Jim Dunn Professor of Agricultural Economics, Penn State University. Market Psychology Dairy Outlook March 2015 By Jim Dunn Professor of Agricultural Economics, Penn State University Market Psychology Cheese and butter prices have d slightly in the past month, while the powdered product

More information

Grain: World Markets and Trade

Grain: World Markets and Trade e 218 Department of Agriculture Foreign Agricultural Service Grain: World Markets and Trade 3 28 26 24 Southeast Asia and Sub-Saharan Africa Now Top Wheat Importers MMT 22 2 18 16 14 12 1 Southeast Asia

More information

South African Milk Processors Organisation

South African Milk Processors Organisation South African Milk Processors Organisation The voluntary organisation of milk processors for the promotion of the development of the secondary dairy industry to the benefit of the dairy industry, the consumer

More information

Food, Fuel and Forests A Seminar on Climate Change, Agriculture and Trade. Sustainability Considerations for Ethanol. Andre M.

Food, Fuel and Forests A Seminar on Climate Change, Agriculture and Trade. Sustainability Considerations for Ethanol. Andre M. Food, Fuel and Forests A Seminar on Climate Change, Agriculture and Trade Sustainability Considerations for Ethanol Andre M. Nassar Director-General, Brazilian Institute for International Trade Negotiations

More information

Rice Outlook and Baseline Projections. University of Arkansas Webinar Series February 13, 2015 Nathan Childs, Economic Research Service, USDA

Rice Outlook and Baseline Projections. University of Arkansas Webinar Series February 13, 2015 Nathan Childs, Economic Research Service, USDA Rice Outlook and Baseline Projections University of Arkansas Webinar Series February 13, 2015 Nathan Childs, Economic Research Service, USDA THE GLOBAL RICE MARKET PART 1 The 2014/15 Global Rice Market:

More information

Cattle Situation and Outlook

Cattle Situation and Outlook Cattle Situation and Outlook Tim Petry, Livestock Economist www.ndsu.edu/livestockeconomics Feb. 27, 2018 Outlook_2-7-2018.pptx ? WASDE U.S. Meat Production and Prices 2014 2015 Change from 2014 2016 Change

More information

Cattle and Hay Outlook

Cattle and Hay Outlook Cattle and Hay Outlook Stephen R. Koontz Associate professor & extension economist Department of Agricultural & Resource Economics Colorado State University Stephen.Koontz@ColoState.Edu http://dare.agsci.colostate.edu/skoontz

More information

3/25/2017. What to do today? Cattle & Beef Markets: Commodity Outlook

3/25/2017. What to do today? Cattle & Beef Markets: Commodity Outlook 3/25/27 Cattle & Beef Markets: Commodity Outlook Stephen R. Koontz Professor & extension economist Department of Agricultural & Resource Economics Colorado State University Stephen.Koontz@ColoState.Edu

More information

Signs align for corn profit hopes Short crop in Brazil could be fix the market needs By Bryce Knorr, senior grain market analyst

Signs align for corn profit hopes Short crop in Brazil could be fix the market needs By Bryce Knorr, senior grain market analyst Signs align for corn profit hopes Short crop in Brazil could be fix the market needs By Bryce Knorr, senior grain market analyst Corn growers enjoyed an outbreak of optimism last week at Commodity Classic

More information

Santa Claus rally could help corn Be ready to sell brief rallies when they come By Bryce Knorr, senior grain market analyst

Santa Claus rally could help corn Be ready to sell brief rallies when they come By Bryce Knorr, senior grain market analyst Santa Claus rally could help corn Be ready to sell brief rallies when they come By Bryce Knorr, senior grain market analyst Rallies are always possible in corn, even in down markets. Trouble is, they don

More information

Agri-Service Industry Report

Agri-Service Industry Report Years Since Presidential Election 1950 1955 1960 1965 1970 1975 1980 1985 1990 1995 2000 2005 2010 2015 Billions Agri-Service Industry Report November 2016 Dan Hassler Farm Income and Presidential Elections

More information

World Wheat Supply and Demand. Crop Quality Seminars 2013 Ian Flagg

World Wheat Supply and Demand. Crop Quality Seminars 2013 Ian Flagg World Wheat Supply and Demand Crop Quality Seminars 2013 Ian Flagg Beginning Stocks 250 200 Exporter beginning stocks down 35% from 5-year average 199 199 174 150 125 100 83 122 50 0 27 14 14 32 48 38

More information

John Deere. Committed to Those Linked to the Land. Market Fundamentals. Deere & Company June/July 2014

John Deere. Committed to Those Linked to the Land. Market Fundamentals. Deere & Company June/July 2014 John Deere Committed to Those Linked to the Land Market Fundamentals Deere & Company June/July 2014 Safe Harbor Statement & Disclosures This presentation includes forward-looking comments subject to important

More information

The Potash Outlook. Al Mulhall Director, Market Research - PotashCorp. November 2, 2005

The Potash Outlook. Al Mulhall Director, Market Research - PotashCorp. November 2, 2005 The Potash Outlook Al Mulhall Director, Market Research - PotashCorp TFI Outlook Meeting November 2, 25 Forward-Looking Statements This presentation contains forward-looking statements, which involve risks

More information