400 likes | 522 Vues
This report from Kim Anderson at Oklahoma State University analyzes the current situation and outlook for key U.S. crops, including corn, soybeans, cotton, and wheat. It evaluates factors such as drought conditions, precipitation trends, and temperature variations as of April 2023. The report highlights production and consumption trends, as well as ending stocks for each crop, emphasizing the impact of recent environmental factors on pricing and availability. Insights into future forecasts are also provided to guide agricultural stakeholders.
E N D
Situation and Outlook Kim Anderson Oklahoma State University
U. S.Price EndingStocks Year Production Consumption U.S. Wheat Situation (Billion Bushels)
EndingStocks Year Production Consumption World Wheat Situation (Billion Bushels)
Average Mo. June Price; Basis 2008 – 2012 $8.19; -$0.67 $7.90; -$0.29 $5.80; -$0.57 $6.42; -$0.32 $3.69; -$1.11 Avg. $6.40
Wheat U.S. and world wheat stocks near average June 2013 $7.00
U. S.Price EndingStocks Year Production Consumption U.S. Corn Situation (Billion Bushels)
CBT July Corn: Daily $6.19
CBT Dec Corn: Daily $0.95 $5.24
CBT Corn: Weekly Nearest $7.50 vs. $5.25 30%
Corn U. S. and world stocks below average. 2012/13 Ethanol production use 4.5 bb 2012/13 Corn ending stocks 7.57 mb 2012 prices average $6.90 13 prices $5.75
U. S.Price EndingStocks Year Production Consumption U.S. Soybean Situation (Billion Bushels)
EndingStocks Year Production Consumption World Soybean Situation (Billion Bushels)
CBT Nov Soybeans: Daily $14.50 vs. $12 17%
Soybean Outlook: • U.S. stocks below average. • World stocks average. • Prices average $14.00
U. S.Price EndingStocks Year Production Consumption U.S. Cotton Situation (Million Bales)
EndingStocks Year Production Consumption World Cotton Situation (Million Bales)
Outlook: • U.S. cotton stocks below average • World stocks above average • Prices expected to average 70¢
Providing Inspiration for Agricultural Success www.agecon.okstate.edu/anderson