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May 15, 2014
Grain Market Outlook
high 165.3 bu/ac yields, a 13.935 billion bushel (bb) 2014
U.S. corn crop, 15.111 bb total supplies, 1.700 bb exports, 13.385 bb total use, 1.726 bb ending stocks, 12.9%
ending stocks‐to‐use, and $4.20 average price per bu. ($3.85 to $4.55). If 2014 U.S. corn wheat production
prospects decline from these “top end” projections, then price prospects could improve considerably from
these conservative 2014/15 price forecasts.
KSU U.S. Corn Forecast for “New Crop” MY 2014/15: KSU projections of “next crop” MY 2014/15 supply‐
demand balances and prices are as follows: a) “Likely Production” Scenario: 60% prob. of 91.7 ma planted,
91.9% harvested‐to‐planted acres, trend yields of 159.4 bu/ac, 13.437 bb 2014 U.S. corn production, 14.613 bb
U.S. corn supplies, 1.600 bb exports, 13.210 bb total use, 1.403 bb ending stocks, 10.6% S/U, & $4.40 /bu; b)
“Low Production” Scenario: 20% prob. of 89.9 ma planted, 91.9% harv.‐to‐plntd. acres, low yields of 149.4
bu/ac, 12.355 bb 2014 U.S. corn production, 13.551 bb U.S. corn supplies, 1.400 bb exports, 12.575 bb total
use, 976 mb ending stocks, 7.76% S/U, & $6.00 /bu; and c) “High Production” Scenario: 20% prob. of 93.4 ma
planted, 91.9% harv.‐to‐plntd. acres, yields of 164.4 bu/ac, 14.122 bb 2014 U.S. corn production, 15.288 bb
U.S. corn supplies, 1.700 bb exports, 13.535 bb total use, 1.753 bb ending stocks, 12.95% S/U, & $4.15 /bu.
World Corn Total Supplies of 1,148 mmt in “new crop” MY 2014/15 are up from 1,117 mmt in “current year”
MY 2012/13, and up from 1,003 mmt in MY 2011/12. Projected World corn ending stocks of 181.7 mmt
(18.8% S/U) in “new crop” MY 2014/15 are up from 168.4 mmt (17.8% S/U) in “current year” MY 2013/14, and
up from 138.2 mmt (16.0% S/U) in MY 2011/12. Forecast total MY 2014/15 corn production for major export
competitors Brazil (74.0 mmt – down 1.0) and Argentina (26.0 mmt – up 2.0) is projected to be 1.0% higher in
the coming year – with harvests available for use in the early months of 2015 to compete with the U.S. in
World grain export markets. However, these projections are still uncertain given the possibility of a strong El
Nino event beginning in mid‐2014. Ongoing geopolitical problems in the Black Sea region is reported to have
not had an appreciable impact on the availability of Ukraine corn to World markets, but would be a disrupting
market factor in World corn and coarse grain markets if it did so. …
December 1, 2015
Beef Cattle
operation uses standard and/or conservative stocking rates (heads/acre)” … operation uses standard and/or conservative stocking rates (head/acre …
February 23, 2010
Energy
period,
including the Food, Conservation, and Energy Act of 2008 (the … reflect provisions of the Food, Conservation, and Energy
Act of 2008 …
February 5, 2009
Energy
Economist
–– Natural Resource Conservation Service (NRCS)Natural Resource … Service (NRCS)Natural Resource Conservation Service (NRCS)
–– Oklahoma …
Breakout Sessions
Kansas Corporation Commission
Oil & Gas Conservation Division
http://www.kcc.stat … on
http://www.kcc.state.ks.us/conservation/index.htm
K G l i l S …
December 27, 2016
Land Rental
Rates
consumption, etc. This may be conservative depending on the situation … estimated prices and costs, so conservative values are best when looking …
September 4, 2017
Section 5: Long-Range Planning (FINLRB)
benefits, enter the amount of Conservation Reserveb
Program payments … is less than $400 due to Conservation Reserve Program payments …
November 16, 2018
Hispanic, Midwest, Politically Conservative,
Food Values
Taste … Black, Midwest, Politically Conservative,
Food Values
Price …
December 11, 2018
Hispanic, Midwest, Politically Conservative,
Food Values
Taste … Black, Midwest, Politically Conservative,
Food Values
Price …
September 12, 2022
Ag Law Issues
Deducting Soil and Water Conservation Expenses
https://lawprofess … https://lawprofessors.typepad.com/agriculturallaw/2022/05/deducting-soil-and-water-conservation-
expenses.html
Correcting …