u.s. grains council · 6/12/2020  · marketing year u.s. corn % ending stocks/use 15.7 $2.50 22.5...

2020 Corn & Sorghum Market Outlook U.S. Grains Council

June 12, 2020

DANIEL O’BRIEN

EXTENSION AGRICULTURAL ECONOMIST

Corn Markets 2

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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

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21U.S. Corn Exports – Weekly thru 6/4/2020

U.S. Corn % Stocks/Use vs Price$

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World Corn Supply, Use & Stocks

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World-Less-China Corn % Stocks/Use vs Price$U.S.

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Grain Sorghum Markets#2

32U.S. Grain Sorghum Supply-Demand Balance Sheet

June 11, 2020

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39U.S. Barley Supply-Demand Balance SheetJune 11, 2020

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41U.S. Oats Supply-Demand Balance SheetJune 11, 2020

42U.S. Feedgraom Supply-Demand Balance SheetJune 11, 2020

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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

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