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Commodity Market Outlook 2017

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Presentation on theme: "Commodity Market Outlook 2017"— Presentation transcript:

1 Commodity Market Outlook 2017
Trent Milacek NW Area Ag Econ Specialist

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

3 Wheat Prices-New Crop

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

5 Corn Prices-New Crop

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

7 Soybean Prices-New Crop

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

9 Canola Prices-New Crop

10 Live Cattle Prices-The big picture

11 Live Cattle Prices

12 Feeder Prices-The big picture

13 Feeder Cattle Prices

14 Cotton Prices-The big picture

15 Cotton Prices-New Crop

16 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

17 Make a plan! Trent Milacek NW Area Ag Econ Specialist


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