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January 1, 2014
Tonsor
Agricultural Economist
Livestock MarketingLivestock 13 — Revised April 2014
Drylot … per unit and net returns to livestock production
are highly dependent … number of reasons, including livestock quality
or genetics, weather …
January 1, 2014
Tonsor
Agricultural Economist
Livestock MarketingLivestock 14 — Revised April 2014
Finishing … per unit and net returns to livestock production
are highly dependent … number of reasons including
livestock quality or genetics, weather …
January 1, 2014
Tonsor
Agricultural Economist
Livestock MarketingLivestock 15 — Revised April 2014
Finishing … per unit and net returns to livestock production
are highly dependent … number of reasons including
livestock quality or genetics, weather …
January 1, 2014
Livestock 20 — Revised October 2008
Ewe … per unit and net returns in livestock production
are highly dependent … number of reasons including
livestock quality or genetics, weather …
January 1, 2014
Livestock 17 — Revised April 2014
Cost-Return … per unit and net returns to livestock production
are highly dependent … number of reasons including
livestock quality or genetics, weather …
May 28, 2010
Energy
various forms is used in livestock feed rations as a competitive … Projections of grain and livestock supply, use and
agricultural … analysis. United
States corn and livestock supply-use projections were …
May 28, 2010
Cash Prices & Marketing Strategies
various forms is used in livestock feed rations as a competitive … Projections of grain and livestock supply, use and
agricultural … analysis. United
States corn and livestock supply-use projections were …
November 6, 2013
Sep
Percent
Avg.
2007-11
2012
2013
G-NP-30
10/31/13Livestock Marketing Information Center … Sep
Percent
Avg.
2007-11
2012
2013
G-NP-31
10/31/13
Livestock Marketing Information Center
Data … Sep
Percent
Avg.
2007-11
2012
2013
G-NP-32
10/31/13
Livestock Marketing Information Center
Data …
October 19, 2022
Economicshttps://www.agmanager.info/livestock-meat/meat-
demand/monthly-export-meat-demand-indices-usdabls-data
Agricultural … Economicshttps://www.agmanager.info/livestock-meat/meat-
demand/monthly-export-meat-demand-indices-usdabls-data
Agricultural … Economicshttps://www.agmanager.info/livestock-meat/meat-
demand/monthly-meat-demand-monitor-survey-data
Agricultural …
April 3, 2018
Grain Market Outlook
ed. At the same time, higher than expected U.S. March 1st corn stocks in the Grain Stocks report
have signaled lower than expected usage of corn for livestock feeding during December‐ … … wer
by 175 million bushels, with all of the reduction attributed lower livestock feeding. This would translate to
“old crop” MY 2017/18 U.S. feed and residual use of 5.375 bb – reducing total U.S. wheat usage to cast at
14.645 bb. As a result, “old crop” MY 2017/18 ending stocks are projected to be 175 mb higher to 2.302 bb
with % Stocks/Use being 13.08% (up from projections of 2.047 bb and $ ) – down 225 mb from February,
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anddown from 2.293 bb (15.65% S/U) in MY 2016/17. United States’ corn prices are projected to average %
S/U prior to the March 29th reports).
4. KSU‐Adjusted USDA Supply‐Demand Projections for “New Crop” MY 2018/19
The results of the March 29th USDA Prospective Plantings report have caused changes in the “new crop”
M 2018/19 projections for U.S. corn supply‐demand and prices that were released by the USDA at the
Agricultural Outlook Forum in Arlington, Virginia on February 23, 2018. Estimates by Kansas State University
of these changes are as follows.
The updated KSU‐adjusted USDA‐based forecasts are that a) 2018 U.S. corn production would be 14.390
bb – based on 88.026 million acres (ma) planted, an estimate of 80.846 ma harvested (with 5 year average
harvested‐to‐planted history), and a yield of 174.0 bu (same as the USDA February 23rd projection).
Total supplies for “new crop” MY 2018/19 are projected to be 16.419 bb, with 2.302 bb beginning stocks,
14.067 bb production, and 50 mb imports. Total use continues to be forecast at 14.520 bb – with projections
of ethanol use at 5.650 bb (a record high), non‐ethanol food seed and industrial use at 1.495 bb (also a record
high), exports of 1.900 bb (down 325 mb from the current marketing year), and feed and residual use of 5.475
mb (down 75 mb from this marketing year).
With these changes in total supply, ending stocks are now projected to be down to 1.899 bb (13.08%
Stocks/Use) – with both being down significantly from “old crop” MY 2017/18 levels. United States’ corn
prices are projected to average a KSU‐adjusted $3.60 /bu (up $0.20 from the USDA’s original February 23rd
forecast). This scenario is given a 55% likelihood of occurring by KSU Extension Agricultural Economist D.
O’Brien.
5. Alternative KSU Supply‐Demand & Price Forecast for “New Crop” MY 2018/19
Two alternative KSU‐Scenarios for U.S. corn supply‐demand and prices are presented for “new crop” MY
2018/19. These projections are to show how varying 2018 U.S. corn production outcomes could affect U.S.
corn supply‐demand and price outcomes in “new crop” MY 2018/19.
A ‐ KSU “Higher 2018 U.S. Corn Production” Scenario for “new crop” MY 2018/19: (25% probability):
Assumptions are as follows: 88.026 ma planted, 80.846 ma harvested, 176.6 bu/ac record yield (equal to
2017 record high), 14.277 bb production, 16.629 bb total supplies, 14.600 bb total use, 2.029 bb ending
stocks, 13.90% S/U, & $3.50 /bu U.S. corn average price;
B ‐ KSU “Lower 2018 U.S. Corn Production” Scenario for “new crop” MY 2018/19: (20% probability):
Assumptions are as follows: 88.026 ma planted, 80.846 ma harvested, 164.4 bu/ac yield (equal to 2009
yield), 13.291 bb production, 15.643 bb total supplies, 14.315 bb total use, 1.328 bb ending stocks, 9.28%
S/U, & $4.40 /bu U.S. corn average price.
…