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Feedgrain Market Outlook for 2020 - 2021
2020 “Winning the Game” Workshop
KFMA Ag Economists – Abilene, KS, 9/3/3030
DANIEL O’BRIEN
EXTENSION AGRICULTURAL ECONOMIST
Corn & Sorghum Markets
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Key Grain Market Issues in 2020-2021
U.S. Corn & Soybean Production Prospects
• Planted & Harvested Acreage? (Corn*** & Soybeans)
• Crop Yields?
o Generally Good Conditions Dry in Iowa, Indiana, Ohio
o “Derecho” Windstorm damage in Iowa on August 10th
Estimates of at least 300-600 million bushels – still doing “the math” for how blown down corn in August will yield
• Strong U.S. Grain Sorghum Exports to China
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CME DEC 2020 Corn Futures
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CME DEC 2020 Corn Futures
CME DEC 2020 Corn Futures & Options
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U.S. Sorghum Supply-DemandAugust 12, 2020 WASDE Report
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World Corn Supply, Use & Stocks
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Questions?
Daniel O’Brien – Extension Ag Economist
Blog: www.ksugrains.wordpress.com
KSUGrains on Twitter & Facebook
www.AgManager.info