Extension and Outreach/Department of Economics Global Ag Trends John Deere Campus Visit Ames, Iowa Oct. 28, 2015 Chad Hart Associate Professor/Crop Markets Specialist

Extension and Outreach/Department of Economics Iowa Corn Prices vs. Costs

Extension and Outreach/Department of Economics Crop Prices for the Next Decade Source: USDA-OCE

Extension and Outreach/Department of Economics Arable Land

Extension and Outreach/Department of Economics Corn Area Source: USDA-FAS-PSD

Extension and Outreach/Department of Economics Wheat Area Source: USDA-FAS-PSD

Extension and Outreach/Department of Economics Soybean Area Source: USDA-FAS-PSD

Extension and Outreach/Department of Economics Pork Production Source: USDA-FAS-PSD

Extension and Outreach/Department of Economics Beef Production Source: USDA-FAS-PSD

Extension and Outreach/Department of Economics Poultry Production Source: USDA-FAS-PSD

Extension and Outreach/Department of Economics Top 10 populations Source: CIA World Factbook

Extension and Outreach/Department of Economics Population growth 2015 to 2050 Source: U.S. Census Bureau, International Data Base

Extension and Outreach/Department of Economics Economic growth rates Source: CIA World Factbook

Extension and Outreach/Department of Economics Beef consumption growth Source: USDA Foreign Agriculture Service PSD Online 1/18/15

Extension and Outreach/Department of Economics Pork consumption growth Source: USDA Foreign Agriculture Service PSD Online 1/18/15

Extension and Outreach/Department of Economics Chicken consumption growth Source: USDA Foreign Agriculture Service PSD Online 1/18/15

Extension and Outreach/Department of Economics Corn consumption Source: USDA Foreign Agriculture Service PSD Online 1/18/15

Extension and Outreach/Department of Economics Soybean meal consumption Source: USDA Foreign Agriculture Service PSD Online 1/18/15

Extension and Outreach/Department of Economics Population vs. arable land share of global population arable land China19% 5% India17%10% US 4%13%

Extension and Outreach/Department of Economics World Corn Markets Source: USDA

Extension and Outreach/Department of Economics World Soybean Markets Source: USDA

Extension and Outreach/Department of Economics Arable Land

Extension and Outreach/Department of Economics Thank you for your time! Any questions? My web site: Iowa Farm Outlook: Ag Decision Maker: