Department of Economics Economics and On-Farm Research On-Farm Research Conference Ames, Iowa December 19, 2008 Chad Hart Assistant Professor/Grain Markets.

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Presentation transcript:

Department of Economics Economics and On-Farm Research On-Farm Research Conference Ames, Iowa December 19, 2008 Chad Hart Assistant Professor/Grain Markets Specialist

Department of Economics Agricultural Economics Data  USDA  National Agricultural Statistics Service  Economic Research Service  WASDE Report  ISU  Ag Decision Maker  Integrated Crop Management News  Others  IA Dept. of Ag.  CME Group

Department of Economics NASS

Department of Economics NASS

Department of Economics NASS

Department of Economics NASS Monthly Publications December 2008

Department of Economics Agricultural Prices Publication Released on a monthly basis with an annual summary Includes monthly crop prices and input cost indexes

Department of Economics ERS

Department of Economics ERS Briefing Rooms

Department of Economics WASDE Report The WASDE report provides the latest USDA forecasts for production and usage for major crops (U.S. and world) and livestock (U.S.).

Department of Economics U.S. Corn Supply and Use Source: USDA-WAOB, Dec. 2008

Department of Economics Ag Decision Maker – Costs & Returns

Department of Economics County Yields - Soybeans

Department of Economics Production Costs

Department of Economics ISU Production Cost Estimates  Corn following Corn  Corn following Soybeans  Corn Silage following Corn  Herbicide Tolerant Soybeans following Corn  Non-Herbicide Tolerant Soybeans following Corn  Low-till Corn and Soybeans  Oats & Hay Production – Seeding Year Costs  Est. Alfalfa or Alfalfa-Grass Hay  Maintaining Grass Pastures

Department of Economics Ag Decision Maker – Current Outlook

Department of Economics ICM Newsletter

Department of Economics Farmdoc – U. of Illinois

Department of Economics IA Dept. of Ag.

Department of Economics Historical Iowa Cash Prices

Department of Economics Historical Iowa Cash Prices

Department of Economics CME Group

Department of Economics Web Sites  NASShttp://  ERShttp://  WASDE  Ag Decision Maker  Integrated Crop Management News  Farmdochttp://  IA Dept. of Ag.  CME Grouphttp://

Department of Economics Thank you for your time! Any questions?