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2007 U.S. Crop Outlook: Corn, Wheat, Soybeans, and Cotton Supply-Demand Projections

This report provides a historical perspective and outlook for U.S. corn, wheat, soybean, and cotton production from 1992 to 2007. It includes vital statistics such as production, ending stocks, and projected prices for each crop, alongside supply and demand projections for 2007/2008. The analyses consider factors that could influence these projections, including crop acreage, yield estimates, and global economic conditions. This comprehensive overview is essential for stakeholders in agriculture, economics, and trade.

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2007 U.S. Crop Outlook: Corn, Wheat, Soybeans, and Cotton Supply-Demand 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:2007/2008 Corn ----------Supply/Demand ---------- Low/High Exp/Exp High/Low Beginning Stocks(MB) 1137 1137 1137 Acres (MPA) 90.9 92.9 94.9 Acres (MHA) 83.6 85.4 87.2 Yield 142.0 150.3 158.4 Supply(M. Bu) 13018 13992 14971 Use: Feed 5700 Ethanol 3400 Food, Seed 1390 Exports 2000 Ending Stocks 967 1502 2037 Projected Price $3.50 $3.00 $2.50

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

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

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

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

  10. Supply/Demand Projections:2007/2008 Wheat ----------Supply/Demand ---------- Low/High Exp/Exp High/Low Beginning Stocks(MB) 456 456 456 Acres (M. A. Planted) 60.0 60.5 61.0 Acres (M.A. Harvested) 52.1 52.5 52.9 Yield 39.9 40.7 41.5 Supply(M. Bu) 2633 2694 2753 Use: Food, Seed 1011 Feed, Resid 215 Exports 1050 Ending Stocks 359 418 476 Projected Price $5.55 $5.20 $4.85

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

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

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

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

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

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

  17. Supply/Demand Projections:2007/2008 Soybeans ----------Supply/Demand ---------- Low/High Exp/Exp High/Low Beginning Stocks(MB) 600 600 600 Acres (MA Planted) 62.6 64.1 65.6 Acres (MA Harvested) 61.8 63.3 64.8 Yield 39.9 41.5 43.0 Supply(M. Bu) 3070 3229 3390 Use: Crushing 1800 Exports 1020 Seed, Feed 164 Ending Stocks 143 245 347 Projected Price $8.50 $7.50 $6.50

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

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

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

  21. Supply/Demand Projections:2007/2008 Sorghum ----------Supply/Demand ---------- Low/High Exp/Exp High/Low Beginning Stocks(MB) 38.0 38.0 38.0 Acres (M. P. A.) 7.3 7.8 8.3 Supply(M. Bu) 407 468 527 Use: Food & Seed 65 Exports 160 Feed 180 Ending Stocks 31 63 94 Projected Price $3.25 $2.85 $2.45

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

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

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

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

  26. Supply/Demand Projections:2007/2008 Cotton ----------Supply/Demand ---------- Low/High Exp/Exp High/Low Beginning Stocks(MB) 9.8 9.8 9.8 Acres (M. P. A.) 10.6 11.1 11.6 Acres (MA Harvested) 10.0 10.5 11.0 Yield 762 800 835 Supply(MB) 25.7 27.3 28.9 Use: Domestic 4.4 Exports 17.0 Ending Stocks 4.0 5.9 7.8 Projected Price/cwt

  27. 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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