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Commodity Market Update 2013 Thumb Ag Day Ubly , MI

Commodity Market Update 2013 Thumb Ag Day Ubly , MI. Jim Hilker Agricultural, Food, and Resource Economics Department Michigan State University December 11, 2013. Dec 2013 Corn Futures. U.S. Corn Supply and Demand. U.S. Meat Production and Prices. U.S. Meat Trade Million Pounds.

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Commodity Market Update 2013 Thumb Ag Day Ubly , MI

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  1. Commodity Market Update2013 Thumb Ag DayUbly, MI Jim Hilker Agricultural, Food, and Resource Economics Department Michigan State University December 11, 2013

  2. Dec 2013 Corn Futures

  3. U.S. Corn Supply and Demand December 10, 2013

  4. U.S. Meat Production and Prices December 10, 2013

  5. U.S. Meat TradeMillion Pounds December 10, 2013

  6. U.S. Corn Supply and Demand December 10, 2013

  7. Ethanol Producer Net Returns* Above Variable Costs / Spot prices + 99 cents / gal. (12/6/13) Note: USDA-WAOB estimates based on USDA-AMS plant reports and DOE-EIA estimates and forecasts for natural gas and electricity prices. * Net returns do not include adjustments for corn oil extraction. December 10, 2013

  8. Ethanol and RBOB Futures Prices Reformulate Gasoline Blend Stock (RBOB) Ethanol $.73 12/06/13 Note: Ethanol prices based on CBOT futures. RBOB (Reformulated Gasoline Blend Stock) based on NYME futures. December 10, 2013

  9. Average Daily U.S. Ethanol Production Oct-Nov projected from weekly EIA data Source: U.S. Dept. of Energy, Energy Information Administration. December 10, 2013

  10. Weekly Ethanol Stocks Source: DOE-Energy Information Administration, Weekly Petroleum Status Report. December 10, 2013

  11. World Corn Production December 10, 2013

  12. World Corn Supply and Use December 10, 2013

  13. Brazil 2013/14 Corn SummaryNovember 2013 *Record large. November 8, 2013

  14. Highest yields are in the Central District. About two-thirds of the planted area is in the Southern and North Caucasus Districts. November 8, 2013 Source: State Statistical Committee of Russia (Rosstat), average production 2005-2010

  15. Russia Volga District Central District Kazakhstan Ukraine Southern District The VHI likely is depicting the ribbon of high heat just north of the primary corn areas as poor, while the main corn areas are good to excellent. North Caucasus Corn Areas November 8, 2013

  16. Corn Futures 12/10/13

  17. March 2014 Corn Futures

  18. March 2014 Corn Futures

  19. July 2014 Corn Futures

  20. July 2014 Corn Futures

  21. July 2014 Corn Futures

  22. Corn Futures 12/10/13

  23. Dec 2014 Corn Futures

  24. Dec 2014 Corn Futures

  25. Dec 2014 Corn Futures

  26. WHEAT

  27. Dec 2013 Wheat Futures

  28. U.S. Wheat Supply and Demand December 10, 2013

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