U.S. Corn Supply-Demand Balance Sheets and Prices (KSU Projections)

The USDA will not be releasing its scheduled the October 11th Crop Production and World Agricultural Supply-Demand Estimates (WASDE).  The following slides represent our best estimates of what the USDA October 11th Corn supply-demand balance sheets and price forecasts may have looked like, along with probability-weighted price forecast scenarios by Kansas State University Extension.

These projections represent several factors:

1) Results from the USDA Grain Stocks report released on September 30th.

2) Projected reductions in U.S. corn planted and harvested acreage – following from USDA Farm Service Agency planted and prevented planted acreage figures released on September 17th.

3) Remaining uncertainty regarding final U.S. corn yields

4) The historic relationships between U.S. corn ending stocks-to-use and U.S. average prices

The full presentation will be available on the KSU AgManager website (www.AgManager.info) at the following web location: http://www.agmanager.info/events/ag_lenders/2013/Papers.asp

A. U.S. Corn Outlook

Slide3 Slide10 Slide12 Slide13 Slide14 Slide15 Slide16 Slide17 Slide18 Slide19 Slide21 Slide22 Slide23 Slide24 Slide27

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s