Search
Displaying 301 - 310 of 548
November 21, 2012
USDA METSS Project
Maize Price Trends in Ghana (2007‐2011)1
Vincent Amanor‐Boadu, PhD2
Maize (Zea mays, L.) is a principal human food and livestock feed in Ghana. Its production is
essentially performed by smallholder farmers under traditional tillage and rain‐fed conditions.
Although production occurs in all of Ghana's ten administrative regions, more than 70% of
maize output comes from five regions in three of the six agro‐ecological zones. The five
principal growing regions are Northern, Brong‐Ahafo, Ashanti, Central and Eastern and the
three agro‐ecological zones are guinea savanna, forest savanna transition and semi‐deciduous
rainforest (Table 1). Forest savanna transition and the semi‐deciduous agro‐ecological zones
have a bimodal rainfall distribution pattern, with the major season beginning in March and
ending in July and the minor season beginning in September and ending in October/November.
The guinea savanna agro‐ecological zone has a uni‐modal rainfall distribution that starts in May
and ends in September.
Table 1: Distribution of Maize Production by Region and Agro‐Ecological Zones (2006)
Region …
April 1, 2005
Industry Economics & Trade
History of U.S. BSE-Related Policy … and Specified Risk Material Policy Options .........................43
5.1 … 51
Regulatory Policy Alternatives .............................................................................53
7.1 …
November 1, 2008
Agribusiness Papers
through Engagement.” A policy shift discussed at the conference … solving client problems. The policy shift being discussed at … 42%
Leadership Development ,
64%
Livestock Production ,
41%
Natural …
June 15, 2012
30 29
Labor allocated to livestock, % 36.9 47.3 32.0 31.5
Number … 17.92 $20.84 -$2.60 -12%
Livestock Marketing / Breeding $13.01 … 30 30
Labor allocated to livestock, % 36.9 46.2 39.0 25.3
Number …
September 22, 2016
Grain Market Outlook
t remains of 2016 through mid‐
2017 include: 1) the pace and timing of U.S. farmer marketing of the 2016 corn crop – much of which will be
placed in storage after fall harvest, 2) anticipation of continued strong use of carryover 2015 and new 2016
crop U.S. corn in domestic U.S. ethanol production and livestock feeding, 3) at least mod …
November 21, 2017
Grain Market Outlook
018
First, large beginning stocks of U.S. corn coming into “new crop” MY 2017/18 have been a “mitigating”
factor limiting the response of the corn market to 2017 summer‐early fall production risks that occurred. The
corn market has been less responsive to any 2017 U.S. corn production threats since beginning stocks for “new
crop” MY 2017/18 have been projected to be near 2.295 bb rather than down to 1.250‐1.500 bb. If this “large
stocks situation” persists into summer 2018, this mitigating and limiting affect will likely hamper future 2018
corn crop forward pricing prospects as well.
Second, the grain market continues to anticipate that low prices for U.S. corn will help maintain strong
usage for domestic U.S. ethanol and wet milling production, as well as livestock feeding through at least spring
2018 if not into the summer months.
Third, at least “moderate” continued strength is expected in U.S. corn exports due to low U.S. corn prices
and also to a moderately weaker U.S. dollar against other World currencies compared to a year ago. Exports of
U.S. corn are expected to continue at a “decent” pace of 1.925 bb for “new crop” MY 2017/18 even though
South American corn production will continue to be a competitive factor in World trade through at least the
end of 2017. Also, preliminary forecasts for 2018 are that Brazilian corn acreage and production will be lower
due to low prices and poor profitability in 2017, as well as a delayed 2nd crop of corn in parts of the country.
Combined with the potential for crop‐weather concerns in Brazil in coming months – these factors “could”
have a positive impact on U.S. corn exports and price prospects in spring‐summer 2018.
Fourth, a continuing threat exists of U.S. and Foreign economic and/or financial system disruptions that
could impact grain, energy, and other commodity markets in 2017‐2018. World geo‐political events could
provide “shocks” to U.S. and World energy and grain markets which could in turn impact grain prices in either
direction depending on the circumstances, the countries involved, and their role in global corn export trade.
4. USDA Supply‐Demand & Price Forecast for “New Crop” MY 2017/18
In the November 12th Crop Production report, the USDA raised its projections of a) projected yields up to a
record high of 175.4 bu/ac (vs the previous record of 174.6 in 2016), and b) 2017 U.S. corn production up to
14.578 bb – down from the record high of 15.148 bb in 2016.
The USDA raised its forecast “new crop” MY 2017/18 total supplies to 16.922 bb – down marginally (20
mb) from last year’s record high. Total use is forecast at 14.435 bb – down 212 mb from last year’s record
high. Ending stocks are projected to be a 2.487 bb (17.2% S/U) – up from 2.295 bb (15.7% S/U) in “old crop”
MY 2016/17. United States’ corn prices are projected to average $3.20 /bu (range of $2.80‐$3.60). This is
down $0.16 /bu from $3.36 /bu from “old crop” MY 2016/17. This scenario is given an 80% likelihood of
occurring by KSU Extension Agricultural Economist D. O’Brien.
Page | 3
5. Alternative KSU Supply‐Demand & Price Forecast for “New Crop” MY 2017/18
Three alternative KSU‐Scenarios for U.S. corn supply‐demand and prices are presented for “new crop” MY
2017/18. These forecast scenarios vary from the USDA’s projection in the November 9, 2017 WASDE report
for “new crop” MY 2017/18.
A ‐ KSU “Higher Exports” MY 2017/18 Scenario) “2.250 bb Exports” Scenario (10% probability) assumes:
90.404 ma planted, 82.941 ma harvested, 175.4 bu/ac trend yield, 14.548 bb production, 16.893 bb total
supplies, 2.250 bb exports, 14.735 bb total use, 2.158 bb ending stocks, 14.65% S/U, & $3.50 /bu U.S. corn
average price;
B ‐ KSU “Lower Exports” MY 2017/18 Scenario) “1.800 bb Exports” Scenario (5% probability) assumes: 90.404
ma planted, 82.941 ma harvested, 175.4 bu/ac trend yield, 14.548 bb production, 16.893 bb total supplies,
1.800 bb exports, 14.310 bb total use, 2.583 bb ending stocks, 18.05% S/U, & $3.15 /bu U.S. corn average
price;
C ‐ KSU “Lower Yield” MY 2017/18 Scenario) “172.5 bu/ac – 14.307 bb crop” Scenario (5% probability)
assumes: 90.404 ma planted, 82.941 ma harvested, 172.5 bu/ac trend yield, 14.307 bb production, 16.652
bb total supplies, 14.435 bb total use, 2.217 bb ending stocks, 15.36% S/U, & $3.40 /bu U.S. corn average;
Note: The presence of large beginning stocks of 2.295 bb in “new crop” MY 2017/18 limit the “tightness” of
corn supply‐demand balances in scenarios “A” and “C”, and hinder potential upward price responses.
5. World Corn Supply‐Demand – With & Without China
World corn production of 1,043.9 million metric tons (mmt) is projected for “new crop” MY 2017/18, down
3.9% from the record of 1,074.8 mmt in “old crop” MY 2016/17, but still up 7.3% from 972.9 mmt in MY
2015/16. World corn total supplies of 1,270.5 mmt are down 1.45% from the record high 1,289.2 mmt in “old
crop” MY 2016/17, and still up 7.4% from 1,182.4 mmt in MY 2015/16.
World corn exports of a 151.6 mmt are projected for “new crop” MY 2017/18, down 7.3% from the record
high of 163.6 mmt in “old crop” MY 2016/17, and up 26.7% from 119.7 mmt in MY 2015/16. Projected World
corn ending stocks of 203.9 mmt (19.1% S/U) in “new crop” MY 2017/18 are down from the record high 226.6
mmt (21.3% S/U) in “old crop” MY 2016/17, and from 214.4 mmt (22.2% S/U) in MY 2015/16.
An alternative view of the World corn supply‐demand is presented if Chinese corn usage and ending stocks
are isolated from the World market. “World‐Less‐China” corn ending stocks are projected to be 125.2 mmt
(15.1% S/U) in “new crop” MY 2017/18, down from 125.9 mmt (15.2% S/U) in “old crop” MY 2016/17, but up
from 103.7 mmt (13.8% S/U) in MY 2015/16. These figures show that World stocks‐to‐use of corn less China’s
direct influence are projected to be approximately 21% lower (i.e., 15.1% S/U for the “World‐Less‐China”
versus 19.1% S/U for the “World” overall in “new crop” MY 2017/18).
At the same time, these figures also show that Chinese ending stocks of corn as proportion of the World
total are declining – down from 51.7% in MY 2015/16, to 44.5% in “old crop” MY 2016/17, and down to 38.6%
in “new crop” MY 2017/18. The deliberate actions in recent years ‐ taken by the Chinese government to
reduce feedgrain stockpiles – is impacting the relative amount of World total corn stocks they hold. These
actions may also eventually increase Chinese import demand for both U.S. corn and grain sorghum.
…
October 1, 2022
2022 Crop Insurance Workshop Presentations
LubbenExtension Associate Professor, Policy Specialist, andDirector … budget target• Expanded livestock insurance support over past … CSP
Conservation and Environmental Policy Approaches
Regulations
• …
Breakout Sessions
was raised on a grain and livestock farm in south central Nebraska … on analysis of grain
and livestock markets and price risk management … structural changes in the Iowa livestock industry
associated with …
August 1, 2017
Breakout Sessions
Magnitude of impact
1. Introduction
Fundamental relationship:
Farmer engaging in productive activities
Many existing adaptive capabilities
2. Motivation and Objective
Motivation
Why are some farms more resilient than others?
No existing empirical measure of resilience in this context
Resilience measures will help identify most impactful adaptive capabilities
2. Motivation and Objective
Motivation
Help farmers improve system resilience
Minimize impacts of low probability/high impact events like the current farm crisis
2. Motivation and Objective
Objective
Determine farm characteristics and adaptive capabilities that influence farm resilience
Look specifically at the role of diversification as an adaptive capability on farm resilience
Elicit policy and production implications from the resilience/diversification relationship
3. Conceptual Framework
Resilience Triangle Approach1 …
September 25, 2023
Ag Law Issues
to” language. Such uses as livestock grazing;
growing crops and … existing comprehensive liability policy for the farm or
ranch … the farm or
ranch. That policy likely has an exclusion for …