March 20 2014 Allan Mustard and Dr Santosh K Singh US Department of Agriculture American Embassy New Delhi First the usual caveats Source wwwdilbertcom Steady expansion in US corn supplies ID: 932850
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Slide1
USDA
MaizeOutlook India Maize SummitMarch 20, 2014
Allan Mustard and Dr. Santosh K. SinghU.S. Department of Agriculture, American Embassy, New Delhi
Slide2First, the usual caveats….
Source: www.dilbert.com
Slide3Steady expansion in U.S. corn supplies
Source: USDA Economic Research Service
Slide4U.S. gasoline consumption has
declinedSource: USDA Economic Research Service
Slide5Source: USDA Economic Research Service
Slide6Source: USDA Foreign Agricultural Service
Slide7Export competition in
maize strengthens Source: USDA Foreign Agricultural Service
Slide8Chicago Corn, May 2014prices in cents per bushel
Source: Chicago Mercantile Exchange
Slide9Key
points:Area to remain high Corn yields to improve Export competition high Prices weakening
Slide10www.fas.usda.gov
gain.fas.usda.govapps.fas.usda.govagnewdelhi@fas.usda.govSource: www.dilbert.com