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Crops Kim Anderson.  Export Competition  Dollar Value  Canadian Wheat Board  Drought  Input Costs  Wheat Stocks  Funds  Corn  Russia, Ukraine,

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Presentation on theme: "Crops Kim Anderson.  Export Competition  Dollar Value  Canadian Wheat Board  Drought  Input Costs  Wheat Stocks  Funds  Corn  Russia, Ukraine,"— Presentation transcript:

1 Crops Kim Anderson

2  Export Competition  Dollar Value  Canadian Wheat Board  Drought  Input Costs  Wheat Stocks  Funds  Corn  Russia, Ukraine, Australia  79.87  74.86 (17)  77.2  Producers have a choice  90-day forecast: dry/warm  Higher  US–837mb; world–7.43 bb  Wild card  US–866 mb; World–4.85 bb

3

4 U.S Drought Monitor: Nov 1

5 NOAA 3-Month Outlook: Precipitation

6 NOAA 3-Month Outlook: Temperature

7 $5.60 X 124 mb X.85 = $591 million $8.62 X 124 mb X.65 X.85 = $591 Million $6.75

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