u.s. grains council · 6/12/2020 · marketing year u.s. corn % ending stocks/use 15.7 $2.50 22.5...
TRANSCRIPT
2020 Corn & Sorghum Market Outlook U.S. Grains Council
June 12, 2020
DANIEL O’BRIEN
EXTENSION AGRICULTURAL ECONOMIST
Corn Markets 2
3
4
5
6
7
8
9
10
11
12U.S. Corn Acreage For 2020 ???Increase of 5 ½ - 7 mln ac.?
88U.S. Corn YieldsUSDA 2020 USDA Forecast = 178.5 bu/ac
U.S. Corn Production & Supplies
90U.S. Corn Use – By Category
Livestock Feed
Ethanol
DDGS Exports
End Stocks
16
17
18
19
20
21U.S. Corn Exports – Weekly thru 6/4/2020
U.S. Corn % Stocks/Use vs Price$
?
World Corn Supply, Use & Stocks
?
?
24
25
26
27
28
29
World-Less-China Corn % Stocks/Use vs Price$U.S.
?
Grain Sorghum Markets#2
32U.S. Grain Sorghum Supply-Demand Balance Sheet
June 11, 2020
33
34
35
36
37
38
39U.S. Barley Supply-Demand Balance SheetJune 11, 2020
40
41U.S. Oats Supply-Demand Balance SheetJune 11, 2020
42U.S. Feedgraom Supply-Demand Balance SheetJune 11, 2020
43
July 10 World Agricultural Supply & Demand Estimates (WASDE)
August 12 & September 11 Crop Production & WASDE Reports
Questions?Daniel O’Brien – Extension Ag Economist
Blog: www.ksugrains.wordpress.com
KSUGrains on Twitter
www.AgManager.info
44