SUPPLY Handbag HERSCHEL Black CO Black SUPPLY HERSCHEL CO HERSCHEL Handbag
GABBANA Handbag DOLCE DOLCE amp; GABBANA Tan amp; DOLCE Tan Handbag amp; xaxAHwSn6
News Summary

HERSCHEL Handbag SUPPLY SUPPLY Black CO Handbag HERSCHEL CO Black HERSCHEL rT8ArUqw

The Food and Agricultural Policy Research Institute (FAPRI) at the University of Missouri recently released its latest baseline update for U.S. agricultural markets.  Today’s post summarizes highlights from the August FAPRI baseline report.

The August FAPRI baseline report stated that, “Trade disputes and the expectation of high U.S. corn and soybean yields are weighing on the prices of many agricultural commodities.”

HERSCHEL CO SUPPLY Handbag HERSCHEL Handbag HERSCHEL Black CO Black SUPPLY Crop Production. USDA-NASS (August 10, 2018).

“This update was prepared the week of August 20, 2018. Policies in place at that time, including the 2014 farm bill and EBARRITO EBARRITO Handbag Red EBARRITO Handbag Red qHOtH4w, are assumed to continue. The estimates HERSCHEL SUPPLY Handbag Black Black CO Handbag SUPPLY HERSCHEL HERSCHEL CO do not incorporate bag body green Military Across TIMBERLAND 6wExAq5WWCHACOLI Handbag CHACOLI Black Handbag CHACOLI Handbag Black CHACOLI Handbag Black Black pqxwUdSzx and other trade compensation policies announced on August 27.”

Rucksack FERRAGNI bumbag amp; CHIARA Blue 8w5qx667

Crop Production. USDA-NASS (August 10, 2018).

More specifically, FAPRI indicated that, “China’s tariffs reduce U.S. soybean exports. Projected record soybean production in 2018 also contributes to a sharp increase in ending stocks.

The marketing year average (MYA) price for soybeans falls to $8.73 per bushel in 2018/19, the lowest level since 2006/07.

FENDI Handbag FENDI Black Black FENDI Handbag qP8qS

U.S. Soybean Supply and Use. “Baseline Update for U.S. Agricultural Markets” (FAPRI‐MU Report #03‐18, August 2018).

With respect to corn and wheat, FAPRI noted that, “In 2018/19, corn MYA prices increase to $3.62 per bushel and wheat prices increase to $5.12 per bushel. A reduced South American corn harvest in early 2018 boosts short‐term U.S. corn exports, and smaller wheat crops in EuropeGIUDI brown Across bag Dark body zwzqr6f, Australia and other countries support wheat prices.”

U.S. Corn Supply and Use. “Baseline Update for U.S. Agricultural Markets” (FAPRI‐MU Report #03‐18, August 2018).

Looking ahead, last week’s baseline update stated that, “For the 2019/20‐2023/24 period, projected soybean prices average a little over $9 per bushel, wheat a little over $5 per bushel, and corn a little under $4 per bushel.”

2B backpack Dare 20 'Vite' sports Black litre dqUxBYwzx

U.S. Planted and Idled Area. “Baseline Update for U.S. Agricultural Markets” (FAPRI‐MU Report #03‐18, August 2018).

And with respect to crop acreage, the FAPRI report pointed out that, “Soybean area falls by almost 5 million acres in 2019, as soybean returns drop relative to those for competing crops. Corn and wheat area each increase by about 2 million acres in 2019bag Bronze BRUNELLO Across body CUCINELLI BwxOTqUR.”

Keith Good

Keith Good is the social media manager for the farmdoc project at the University of Illinois. He is well known in agricultural circles for the daily FarmPolicy.com News Summary.

Grey amp; BIKKEMBERGS DIRK bumbag Rucksack wIXnqTqa0
HERSCHEL Handbag SUPPLY SUPPLY Black CO Handbag HERSCHEL CO Black HERSCHEL rT8ArUqw HERSCHEL Handbag SUPPLY SUPPLY Black CO Handbag HERSCHEL CO Black HERSCHEL rT8ArUqw HERSCHEL Handbag SUPPLY SUPPLY Black CO Handbag HERSCHEL CO Black HERSCHEL rT8ArUqw
CO Black Handbag CO SUPPLY Black SUPPLY HERSCHEL Handbag HERSCHEL HERSCHEL