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Thursday, March 6, 2014 -Grain Speaker-Kurt Soupir PowerPoint Presentation
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Thursday, March 6, 2014 -Grain Speaker-Kurt Soupir

Thursday, March 6, 2014 -Grain Speaker-Kurt Soupir

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Thursday, March 6, 2014 -Grain Speaker-Kurt Soupir

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  1. Thursday, March 6, 2014 -Grain Speaker-Kurt Soupir

  2. Corn planted acres by county

  3. USDA lowered 2013/14 corn carryout from 1.631 in Jan to 1.481 in Feb billion bushels on 1.456 March 10. • Exports were raised 25mb and subsequently carryout was lowered 25mb… • Feed/residual, at 5.3bb, remains nearly 1.0bb larger than a year ago with animal consuming units near last year’s numbers. • The residual may eventually find its way to the carryout or other demand lines. • USDA left the 2013/14 US soybean carryout at 145mb. They raised imports, raised exports and left residual unchanged. • Wheat marketing year carryout was unchanged from last month at 558 mb. Exports were unchanged at 1.175bb.

  4. Corn Supply and Demand

  5. Corn Planted Acres

  6. Corn Harvested Acres

  7. Corn Yield 1998-2013

  8. Corn Production 1998-2013

  9. Corn Exports 1998-2013

  10. Domestic Use and exports

  11. Corn Ground for Ethanol

  12. U.S. corn use projections: Corn-based ethanol expansion slows Feed use Ethanol Exports Billion bushels

  13. Ending Stocks

  14. Carryout vs Average Farm Price

  15. Stocks/Use ratio

  16. World Corn Prod and Ending Stocks

  17. China Corn Production and Imports

  18. Brazil Corn Production and Exports

  19. Argentina Corn Production and Exports

  20. Soybeans planted by county

  21. November 2014 Soybeans

  22. Soybean Supply and Demand

  23. Soybean Production

  24. Soybean Yield 1984-2012

  25. Soybean-Exports versus Domestic Use

  26. Crush

  27. Soybean Ending Stocks

  28. Soybeans Stocks/Use Ratio

  29. Soybeans-Carryout vs Average Farm Price

  30. World Beans Production and End Stocks

  31. Total world grain & oilseeds Stocks-to-use ratio 1 Oilseeds = soybeans + rapeseed + sunflowers

  32. Brazil Soy Production and Exports

  33. Argentina Soy Production and Exports

  34. South America Soy Production and exports

  35. China Bean Production and Imports

  36. China Pulls Ahead as Top Market

  37. World Wheat Supply/Demand

  38. World Wheat Production

  39. World Wheat Stocks/Use

  40. Total world grain & oilseeds Production Index: 1970 = 100 2013 increase was 7.8 % 43-year trend is a 1.8 % annual increase Oilseeds = soybeans + rapeseed+ sunflowers

  41. China

  42. Chinese population and land area