Feed Grain Outlook

  • January 17, 2020 – December 1 U.S. corn stocks of 11.389 billion bushels was below both last year and the five-year average. It was the lowest December 1 stocks level since 2015. Grain use numbers this week show an increase in grain for fuel and ethanol production.
  • January 10, 2020 – The much anticipated January World Agricultural Supply and Demand Estimates made larger revisions to the 2018 corn crop than to 2019. Bottom line: ending stocks tightened slightly and the season average farm price estimate unchanged.
  • December 20, 2019 – This week’s reports related to feed grain use were positive for demand: corn and sorghum exports, cattle on feed, and broiler chick placements. Hog and Pig inventory numbers will be released on Monday.
  • December 13, 2019 – The December WASDE made no changes to the supply and demand balance sheets for feed grain (corn and sorghum) or soybeans (except the season average farm price estimate was lowered 15 cents). January Crop Production and WASDE reports will provide those critical updates.

 

Mark Welch
Texas A&M AgriLife Extension Economist

600 John Kimbrough Blvd
TAMU 2124
College Station, Texas 77843
Tel. (979)845-8011
Fax. (979)845-4906
JMWelch(at)tamu.edu

The opinions and recommendations expressed are solely those of the author and are intended for educational purposes only as part of the Texas A&M AgriLife Extension Service.  Texas A&M AgriLife Extension Service assumes no liability for the use of this newsletter.  Educational programs of the Texas A&M AgriLife Extension Service are open to all people without regard to race, color, sex, disability, religion, age, or national origin.  The Texas A&M University System, U.S. Department of Agriculture, and the County Commissioners Courts of Texas Cooperating

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