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October 28, 2020
Grain Market Outlook
positive prospects for U.S. corn usage in “new crop” MY
2020/21 … narrowing of U.S. corn ending stocks (2.167 bb) and percent … and percent (%)
ending stocks-to-use (14.87%). U.S. average …
January 11, 2019
Grain Marketing Presentations
Corn Acreage
4) U.S. Corn Usage in “Current” MY 2018/19 … Together by Category
End Stocks
Exports
Livestock Feed
Ethanol
4 … Feed
Ethanol
4) U.S. Corn Usage in “Current” MY 2018/19 …
December 19, 2022
Grain Market Outlook
and foreign corn demand / usage issues are likely to predominate … negatively impact U.S. ethanol usage and associated domestic cornusage.
Livestock feedusage is expected to down 7.3 …
July 16, 2018
Grain Market Outlook
Projections of: 1) changes in corn usage in the U.S. corn “old crop” … WASDE report.
1) Higher Usage of U.S. Corn in “Old Crop” … its projection of U.S. corn usage and tightened its forecast …
April 29, 2020
Grain Market Outlook
negative factors in U.S. corn usage are 1) temporary shifts in … these changes in U.S. corn usage are caused by temporary or … depends on the particular corn usage sector involved. According …
July 19, 2018
Grain Market Outlook
g (Figures 13 thru 16b, Tables 2 thru 9):
World wheat total supplies in “new crop” MY 2018/19 would be a near record 1,009.75 million metric
tons (mmt) accompanied by record high total use of 748.9 mmt – down 0.5% and up 1.0%, respectively, from
“old crop” MY 2017/18. The USDA in essence projects that the recent “large supply – large use” situation that
has persisted for the global wheat market since the last “supply‐demand” period in MY 2012/13 will continue
(Figure 13). However, there are concerns that 2018‐2019 wheat crop production prospects and export supply
potential of parts of the European Union, the Black Sea Region (Russia & Ukraine), and Australia (including
several major World wheat exporters).
CommentaryKSU: These aggregate World supply and use numbers do NOT bring light to the shortage of
high protein wheat that is problematic in World markets, OR the sizable wheat stocks held by China that are …
September 6, 2018
Grain Market Outlook
017 (2nd highest), and
174.6 bu/ac (3rd highest) in 2016, and 171.0 bu/ac (4th highest) in 2014 (Table 1, Figure 5). As a result, 2018
U.S. corn production is forecast to be 14.586 billion bushels (bb) – up from a forecast of 14.230 bb a month
earlier (Table 1, Figure 7)
Record 2018 corn yields of 178.4 bu/ac bring about 2018 U.S. corn production to 14.586 bb – still down
from both 14.604 bb in 2017, and the record high of 15.148 bb in 2016. With beginning stocks of 2.027 bb and
imports …
January 13, 2017
Grain Marketing Presentations
yields…
…creating larger stocks which cause the lower prices.
Meanwhile…feed … prices.
Meanwhile…feed usage…
…and corn used for … costs:
• Efficient fertility usage:
• Apply fertilizers at …
February 3, 2022
Grain Marketing Presentations
“Strong” U.S. Corn Usage in “Current” MY 2021/22 (thru 8/31/2022)
• … “Tighter” U.S. Corn Stocks & % Ending Stocks‐to‐Use
• 1.540 bb@ 10.40% Stocks/Use in “Current” MY 2021/22
• …
November 26, 2018
Grain Market Outlook
2018) in major exporting countries such as Australia, parts of the European Union, Russia, and Ukraine (Figures
14a‐b‐c). But large carryover stocks from “old crop” MY 2 … up 6.7% (Table 1a). Harvested acreage for
“next crop” MY 2019/18 are projected to be up 8.8%, while ending stocks are forecast to decline …