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January 1, 2013
Animal Well-Being
critically upon producing products consumers want
and maintaining … maintaining consumer trust in beef products. Prominent among the long … consumers simply expect of beef products including industry measures …
April 30, 2015
Grain Market Outlook
esisting sales at sub‐$4.00 cash sales. With 1) a record high 2014 U.S. corn crop, and 2)
prospects for record or near‐record World corn production and ending stocks in the … g appear
limited – unless unexpected, substantial crop production or export availability pr …
July 23, 2015
Grain Market Outlook
… ems in the Black Sea
region, and long term uncertainty in World financial and currency markets. World wheat markets have evolved
into a “large crop‐over‐supply” situation, with the future depending on whether production and/or export
problems c … s (ma) planted, 48.454 ma harvested, 44.3
bu/ac yields, 2.148 billion bushels (bb) production (up 27 million bushels o …
July 18, 2014
Grain Market Outlook
d of June, U.S. soybean prices in 2014 had been supported by continued Chinese demand and
uncertainty about 2014 crop production prospects in the United … eports, forecasts of U.S. 2014 planted
(84.839 million acres or ‘ma’) and harvested (84.058 ma) acres from the June 30th USDA Acreage report were
used along with internal projections of 2014 soybean yields and production – figures that are sti …
November 15, 2018
Grain Market Outlook
e U.S. soybean supplies and worries about U.S. export prospects
are “driving” market expectations for record large ending stocks and low prices for the “new crop” 2018/19
marketing year ending August 31, 2019.
What is “Known” – Record Large U.S. Soybean Production, Supplies, & % Stocks/Use …
March 25, 2019
Grain Market Outlook
Wheat Market Overview
Hard red winter wheat market prices in the U.S. have weakened considerably since late January
2019. Ongoing weakness in export shipments of U.S. wheat on the one hand, and declining prospects
for future U.S. wheat export sales on the other, have been the main causes along with general
bearishness across grain futures prices.
In Fall‐Winter 2018 prospects for short wheat crops among some major World wheat exporters
improved prospects for U.S. export sales in the later part of the “current” 2018/19 marketing year
(MY). “Current” MY 2018/19 began on 6/1/2018 and will finish on 5/31/2019. In particular, short
crops in the Black Sea Region countries of Russia, Ukraine and Kazakhstan, parts of the European
Union (France and other countries), and Australia were of concern.
However, a combination of #1) large carryover stocks in World markets from “old crop” MY
2017/18, #2) successful wheat crops in many other exporting and importing countries in the World,
and #3) the willingness of the Black Sea Region countries to sell down their domestic reserve stocks
to maintain their export market shares, worked together to limit any improvement in U.S. wheat
exports, and consequently limit any price gains from such an event.
The selling off of domestic inventories may have allowed Russia and other countries to have
maintained their export market shares in “current” MY 2018/19, but it makes them more vulnerable
to any repeated crop shortfalls that could occur in “new crop” MY 2019/20 – which will begin on June
1, 2019. The risk of tightening stocks is that these countries place themselves at risk to the effect of
market shortfalls in the future – because they have reduced their “buffer” stocks.
Going forward, it seems that wheat production risk in the major export …
May 30, 2019
Grain Market Outlook
The U.S. Corn Market Situation in Spring 2019
The serious and prolonged spring planting season problems during April‐May 2019 for U.S. corn
producers are leading to a sharp reduction in 2019 U.S. corn production prospects. The likelihoo … … …
December 1, 2003
Farm Business and Transition Planning
appropriate to use a
value of farm production measure for
livestock feeding …
July 31, 2018
Grain Market Outlook
… n World export markets,
BUT not in the same manner or to the same degree as when China is exclusively focused on U.S. sorghum
import purchases. In this 2ND scenario, U.S. grain sorghum will compete with other feedgrains from the U.S.
and abroad on a price, quality, and productivity basis for usage in bioen …
March 22, 2016
Grain Market Outlook
e of the currencies of foreign
soybean export competitors in South America has put U.S. soybeans at a decisive competitive disadvantage in
soybean trade.
Since no major, widespread production problems have apparently … ention to the United States to see
if any soybean production shortfalls develop in the …