Since the fall of 2020, grain prices have risen significantly (Figure 1). Production shortfalls in the U.S. (derecho...
The Demand Side of the Supply and Demand Balance Sheet
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J. Mark
Welch
Professor and Extension Economist
Texas A&M AgriLife Extension
Wheat Acres in the South
The Southern region of the United States is more associated with cotton production than wheat. Yet, from 2005 to 2022, a...
U.S. Feed and Residual Use: Consumption Trends in the Biofuel Era
Feed and residual use has long been the largest consumption category in the USDA supply and demand tables for U.S. corn...
Key Farm Management Considerations in Turbulent Times: The 5% Rule
The 2023 winter wheat crop will soon be going in the ground. As planning and preparations are under way,...
World Per Capita Grain Consumption and Global Economic Growth
Since the early 2000’s, global economic growth has been driven by emerging market and developing economies (Figure 1)....
Outlook for Feed grain Fundamentals in the 2022/2023 Marketing Year
The war between Russia and Ukraine has upended grain flows from the Black Sea region for months. Since the first days of...
World Wheat Supplies in Response to Russia’s Invasion of Ukraine
World wheat supplies are tight, and Russia’s invasion of Ukraine puts at risk a significant portion of the world’s wheat...
2022 Corn Outlook
For many feed grain producers, 2021 was a profitable year; however, the uncertainty and risk associated with the 2022 corn...
2022 Price Outlook for Hard Red Winter and Soft Red Winter Wheat
In the last 2-1/2 years, wheat futures prices have doubled, from just over $4.00 per bushel in June 2019 to over $8.50 per...