Global Ag Trends John Deere Campus Visit Ames, Iowa June 12, 2019

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Presentation transcript:

Global Ag Trends John Deere Campus Visit Ames, Iowa June 12, 2019 Chad Hart Associate Professor/Crop Markets Specialist chart@iastate.edu 515-294-9911 1 1

Iowa Corn Prices vs. Costs

Crop Prices for the Next Decade Source: USDA-OCE

Arable Land

Corn Area Source: USDA-FAS-PSD

Wheat Area Source: USDA-FAS-PSD

Soybean Area Source: USDA-FAS-PSD

Pork Production Source: USDA-FAS-PSD

Beef Production Source: USDA-FAS-PSD

Poultry Production Source: USDA-FAS-PSD

Top 10 Populations Source: CIA World Factbook

Population Growth 2017 to 2050 Source: U.S. Census Bureau, International Data Base

Economic Growth Rates Source: CIA World Factbook

Beef Consumption Source: USDA-FAS-PSD

Pork Consumption Source: USDA-FAS-PSD

Chicken Consumption Source: USDA-FAS-PSD

Wheat Consumption Source: USDA-FAS-PSD

Corn Consumption Source: USDA-FAS-PSD

Soybean Consumption Source: USDA-FAS-PSD

Soybean Meal Consumption Source: USDA-FAS-PSD

World Corn Markets Source: USDA 21 21

World Soybean Markets Source: USDA 22 22

Arable Land

Thank you for your time. Any questions. My web site: http://www2. econ Thank you for your time! Any questions? My web site: http://www2.econ.iastate.edu/faculty/hart/ Iowa Farm Outlook: http://www2.econ.iastate.edu/ifo/ Ag Decision Maker: http://www.extension.iastate.edu/agdm/