Econ 337, Spring 2013 ECON 337: Agricultural Marketing Chad Hart Associate Professor Lee Schulz Assistant Professor
Econ 337, Spring 2013
GDP Growth Source: USDA
Econ 337, Spring 2013 Population Growth Source: USDA
Econ 337, Spring 2013 Exchange Rate Changes Source: USDA
Econ 337, Spring 2013 Crude Oil Prices Source: USDA
Econ 337, Spring 2013 Meat Production Projections Source: USDA
Econ 337, Spring 2013 Per Capita Consumption Source: USDA
Econ 337, Spring 2013 Livestock Price Projections Source: USDA
Econ 337, Spring 2013 U.S. Meat Exports Source: USDA
Econ 337, Spring 2013 Projected Beef Supply and Use Production(mil. lb.)24,61623,99523,77424,24924,470 Beginning Stocks(mil. lb) Imports(mil. lb)2,6202,8373,0133,0643,151 Total Supply(mil. lb)27,77627,47827,43327,95928,267 Cattle Inventory(mil. head) Exports(mil. lb)2,4502,4092,3832,4432,562 Total Consumption(mil. lb)24,77624,51924,50024,96625,115 Ending Stocks(mil. lb)550 Beef Cattle Price($/cwt.) Source: USDA
Econ 337, Spring 2013 Beef Imports Source: USDA
Econ 337, Spring 2013 Projected Pork Supply and Use Production(mil. lb.)22,95723,30223,92424,57625,005 Beginning Stocks(mil. lb) Imports(mil. lb) Total Supply(mil. lb)24,43224,78225,41626,08026,522 Hog Inventory(mil. head) Exports(mil. lb)5,4455,5515,6825,8065,850 Total Consumption(mil. lb)18,33718,58119,08419,62420,022 Ending Stocks(mil. lb)650 Hog Price($/cwt.) Source: USDA
Econ 337, Spring 2013 Pork Imports Source: USDA
Econ 337, Spring 2013 Dairy Output Source: USDA
Econ 337, Spring 2013 Acreage for the 8 Major Crops Source: USDA
Econ 337, Spring 2013 Corn Yield Trend Source: USDA
Econ 337, Spring 2013 Crop Price Projections Source: USDA
Econ 337, Spring 2013 Projected Corn Supply & Use Area Planted(mil. acres) Yield(bu./acre) Production(mil. bu.)14,43513,61013,59513,92514,255 Beg. Stocks(mil. bu.)6472,0672,2321,8171,672 Imports(mil. bu.)25 Total Supply(mil. bu.)15,10715,70215,36215,43715,622 Feed & Residual(mil. bu.)5,2505,3005,2505,3755,475 Ethanol(mil. bu.)4,6754,825 4,8504,900 Food, Seed, & Other(mil. bu.)1,4151,4451,4701,4901,505 Exports(mil. bu.)1,7001,9002,0002,0502,125 Total Use(mil. bu.)13,04013,47013,54513,76514,005 Ending Stocks(mil. bu.)2,0672,2321,8171,6721,617 Season-Average Price($/bu.) Source: USDA
Econ 337, Spring 2013 Corn Exports Source: USDA
Econ 337, Spring 2013 Coarse Grain Imports Source: USDA
Econ 337, Spring 2013 Projected Soybean Supply and Use Area Planted(mil. acres) Yield(bu./acre) Production(mil. bu.)3,3353,2803,3603,4153,470 Beg. Stocks(mil. bu.) Imports(mil. bu.)15 Total Supply(mil. bu.)3,4903,4803,5723,6343,690 Crush(mil. bu.)1,6551,6651,7001,7301,760 Seed & Residual(mil. bu.) Exports(mil. bu.)1,5151,4801,5301,5601,575 Total Use(mil. bu.)3,3053,2823,3683,4293,475 Ending Stocks(mil. bu.) Season-Average Price($/bu.) Source: USDA
Econ 337, Spring 2013 Soybean Exports Source: USDA
Econ 337, Spring 2013 Soybean Imports Source: USDA
Econ 337, Spring 2013 Net Farm Income Source: USDA
Econ 337, Spring 2013 Farm Expenses Source: USDA
Econ 337, Spring 2013 Ag Trade Balance Source: USDA
Econ 337, Spring 2013 Class web site: Spring2013/ Have a great weekend!