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U.S. Crop Outlook 2007: Corn, Wheat, Soybeans, and More - Historical Perspectives and Projections

This comprehensive report analyzes the situation and outlook for key U.S. crops, including corn, wheat, soybeans, and cotton for 2007. It provides insights into historical production, ending stocks, and price trends from 1992 to 2007. The report includes detailed supply and demand projections alongside projected prices and considerations for potential changes in the agricultural landscape. Factors influencing crop production, such as weather, economic conditions, and international markets, are also discussed, providing a thorough historical perspective on the U.S. agricultural economy.

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U.S. Crop Outlook 2007: Corn, Wheat, Soybeans, and More - Historical Perspectives and Projections

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  1. Corn Situation and Outlook Historical Perspective and Outlook for 2007

  2. Corn Production, Ending Stocks, and Price, 1992-2007

  3. U.S. Corn Ending Stocks and Price, 1992-2007

  4. U.S. & Foreign Corn Ending Stocks 1996-2007

  5. Supply/Demand Projections:2006/2007 Corn ----------Supply/Demand ---------- Low/High Exp/Exp High/Low Beginning Stocks(MB) 1967 1967 1967 Acres (M. P. A.) 78.3 Yield 149.1 Supply(M. Bu) 12512 Use: Feed 5975 Ethanol 2150 Food, Seed 1385 Exports 2250 Ending Stocks 673 752 831 Projected Price $3.50 $3.30 $3.10

  6. Supply/Demand Projections:2007/2008 Corn ----------Supply/Demand ---------- Low/High Exp/Exp High/Low Beginning Stocks(MB) 752 752 752 Acres (MPA) 84.0 87.0 90.0 Acres (MHA) 76.0 78.7 81.4 Yield 147 152 157 Supply(M. Bu) 11934 12724 13542 Use: Feed 5600 Ethanol 3150 Food, Seed 1390 Exports 1900 Ending Stocks 350 684 1500 Projected Price $5.50 $3.80 $3.15

  7. Wheat Situation and Outlook Historical Perspective and Outlook for 2007

  8. Wheat Production, Ending Stocks, and Price, 1993-2007

  9. U.S. Wheat Ending Stocks and Price, 1993-2007

  10. U.S. & Foreign Wheat Ending Stocks, 1996-2007

  11. Supply/Demand Projections:2006/2007 Wheat ----------Supply/Demand ---------- Low/High Exp/Exp High/Low Beginning Stocks(MB) 571 Acres (M. A. Planted) 57.3 Yield 38.7 Supply(M. Bu) 2498 Use: Food, Seed 1006 Feed, Resid 145 Exports 875 Ending Stocks 438 472 505 Projected Price $4.40 $4.20 $4.00

  12. Supply/Demand Projections:2007/2008 Wheat ----------Supply/Demand ---------- Low/High Exp/Exp High/Low Beginning Stocks(MB) 472 472 472 Acres (M. A. Planted) 56.0 58.0 60.0 Yield 38.0 42.0 44.0 Supply(M. Bu) 2396 2658 2831 Use: Food, Seed 1005 Feed, Resid 145 Exports 900 Ending Stocks 350 608 780 Projected Price $5.00 $3.35 $2.85

  13. Soybean Situation and Outlook Historical Perspective and Outlook for 2007

  14. Soybean Production, Ending Stocks, and Price, 1993-2007

  15. U.S. Soybean Ending Stocks and Price, 1993-2007

  16. U.S. Soybean Ending Stocks vs. Price, 1990-2007 ‘03 ‘96 ‘95 ‘97 ‘06 ‘93 ‘04 ‘90 ‘05 ‘02 ‘94 ‘91 ‘92 ‘98 ‘99 ‘00 ‘01

  17. U.S. & Foreign Soybean Ending Stocks, 1996-2007

  18. U.S. & Foreign Soybean Meal Ending Stocks, 1997-2007

  19. U.S. & Foreign Soybean Oil Ending Stocks, 1997-2007

  20. Supply/Demand Projections:2006/2007 Soybeans ----------Supply/Demand ---------- Low/High Exp/Exp High/Low Beginning Stocks(MB) 449 449 449 Acres (M. P. A.) 75.2 75.5 75.8 Yield 42.5 42.7 42.9 Supply(M. Bu) 3611 3642 3666 Use: Crushing 1780 Exports 1100 Seed, Feed 166 Ending Stocks 461 595 729 Projected Price $6.50 $6.25 $6.00

  21. Supply/Demand Projections:2007/2008 Soybeans ----------Supply/Demand ---------- Low/High Exp/Exp High/Low Beginning Stocks(MB) 595 595 595 Acres (M. P. A.) 68.0 70.0 72.0 Yield 38.0 42.0 44.0 Supply(M. Bu) 3141 3493 3719 Use: Crushing 1780 Exports 1100 Seed, Feed 166 Ending Stocks 120 447 650 Projected Price $8.50 $6.50 $5.50

  22. Grain Sorghum Situation and Outlook Historical Perspective and Outlook for 2007

  23. Sorghum Production, Ending Stocks, and Price, 1996-2007

  24. U.S. Sorghum Ending Stocks and Price, 1996-2007

  25. Supply/Demand Projections:2006/2007 Sorghum ----------Supply/Demand ---------- Low/High Exp/Exp High/Low Beginning Stocks(MB) 66.0 66.0 66.0 Acres (M. P. A.) 6.5 6.5 6.5 Supply(M. Bu) 343 343 343 Use: Food & Seed 45 Exports 150 Feed 110 Ending Stocks 27 38 49 Projected Price $3.40 $3.20 $3.00

  26. Cotton Situation and Outlook Historical Perspective and Outlook for 2007

  27. Cotton Production, Ending Stocks, and Price, 1993-2007

  28. U.S. Cotton Ending Stocks and Price, 1993-2007

  29. U.S. & Foreign Cotton Ending Stocks, 1997-2007

  30. Supply/Demand Projections:2006/2007 Cotton ----------Supply/Demand ---------- Low/High Exp/Exp High/Low Beginning Stocks(MB) 6.0 6.0 6.0 Acres (M. P. A.) 15.25 15.27 15.30 Yield 815 819 823 Supply(MB) 27.7 27.8 28.0 Use: Domestic 5.0 Exports 14.5 Ending Stocks 7.2 8.3 9.4 Projected Price/cwt $54 $48 $42

  31. Supply/Demand Projections:2007/2008 Cotton ----------Supply/Demand ---------- Low/High Exp/Exp High/Low Beginning Stocks(MB) 8.3 8.3 8.3 Acres (M. P. A.) 13.5 14.0 14.5 Yield 750 800 850 Supply(MB) 27.2 29.2 31.2 Use: Domestic 5.0 Exports 15.0 Ending Stocks 7.0 9.2 11.0 Projected Price/cwt $50 $45 $40

  32. What Could Change The Outlook? • South America • Plant Mix • Non-Farm Economic Conditions in U.S., World – Oil Supplies, War • Exchange Rates • China • Weather

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