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Crop Market Outlook

Crop Market Outlook. Northeast Iowa Research and Demonstration Farm Fall Field Day Nashua, Iowa Aug. 26, 2016 Chad Hart Associate Professor/Crop Markets Specialist chart@iastate.edu 515-294-9911. U.S. Corn Supply and Use. Source: USDA-WAOB. U.S. Soybean Supply and Use. Source: USDA-WAOB.

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Crop Market Outlook

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  1. Crop Market Outlook Northeast Iowa Research and Demonstration Farm Fall Field Day Nashua, Iowa Aug. 26, 2016 Chad Hart Associate Professor/Crop Markets Specialist chart@iastate.edu 515-294-9911

  2. U.S. Corn Supply and Use Source: USDA-WAOB

  3. U.S. Soybean Supply and Use Source: USDA-WAOB

  4. Corn Yield Estimates Top: 2016 Yield Bottom: Change from last year Units: Bushels/acre Source: USDA-NASS

  5. Corn Yield Data Source: USDA-NASS

  6. Early Soybean Yield Estimate

  7. Soy Yield Estimates Top: 2016 Yield Bottom: Change from last year Units: Bushels/acre Source: USDA-NASS

  8. World Corn Production Source: USDA-WAOB

  9. World Soybean Production Source: USDA-WAOB

  10. Hog Crush Margin The Crush Margin is the return after the pig, corn and soybean meal costs. Carcass weight: 200 pounds Pig price: 50% of 5 mth out lean hog futures Corn: 10 bushels per pig Soybean meal: 150 pounds per pig Source: ISU Extension

  11. Cattle Crush Margin The Crush Margin is the return after the feeder steer and corn costs. Live weight: 1250 pounds Feeder weight: 750 pounds Corn: 50 bushels per head Source: ISU Extension

  12. U.S. Meat Production & Prices Source: USDA-WAOB

  13. Advance Corn Export Sales Source: USDA-FAS

  14. Advance Soybean Export Sales Source: USDA-FAS

  15. Strength of the U.S. Dollar Source: Federal Reserve

  16. Crude Oil Prices Sources: EIA and CME

  17. Corn Grind for Ethanol

  18. Ethanol Stocks

  19. Current Corn Futures 3.51 3.13 Source: CME Group, 8/25/2016

  20. Current Soybean Futures 9.29 8.87 Source: CME Group, 8/25/2016

  21. 2016/17 Crop Margins

  22. 2017/18 Crop Margins

  23. Iowa Corn Prices vs. Costs

  24. Iowa Soybean Prices vs. Costs

  25. Thank you for your time!Any questions?My web site:http://www2.econ.iastate.edu/faculty/hart/Iowa Farm Outlook:http://www2.econ.iastate.edu/ifo/Ag Decision Maker:http://www.extension.iastate.edu/agdm/

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