Commodity Market Outlook 2017 Trent Milacek NW Area Ag Econ Specialist trent.milacek@okstate.edu 580-237-7677

Wheat Prices-KC Hard Red World Wheat Billion Bu. 7.9 8.8 9.1

Wheat Prices-New Crop

Corn Prices-The big picture U.S. Corn Billion Bu. 1.73 1.72 2.32

Corn Prices-New Crop

Soybean Prices-The big picture U.S. Soybean Mil. Bu. 0.19 0.42 0.20

Soybean Prices-New Crop

Canola Prices-The big picture ADM Enid 17 Harvest Bid 2/17 (($528-121)*.76)/44.1=$7.04/bu.

Canola Prices-New Crop

Live Cattle Prices-The big picture

Live Cattle Prices

Feeder Prices-The big picture

Feeder Cattle Prices

Cotton Prices-The big picture

Cotton Prices-New Crop

Concluding Comments Markets following a technical pattern Chance for breakouts in these markets Do not mistake recent strength with a long-term trend reversal-take advantage of market rallies

Make a plan! Trent Milacek NW Area Ag Econ Specialist trent.milacek@okstate.edu 580-237-7677